The Bangladesh Bank (BB) has suspended the restriction on cash withdrawal and said the decision will come into effect from Sunday (September 8).
Md Mezbaul Haque, spokesperson of the Bangladesh Bank, confirmed this to the media on Saturday.
Earlier on August 8, the central bank asked all government and private banks not to allow cash withdrawals over Tk1 lakh, to stop politicians and unscrupulous businessmen from withdrawing money from banks.
On 10 August, the central bank said no more than Tk2 lakh cash could be withdrawn from the account.
Then on 17 August the limit was newly set at Tk3 lakh.
In the first week of current September, the withdrawal limit was Tk5 lakh.
However, there was no limit on account-to-account transfers.
