Wednesday | 16 October 2024 | Reg No- 06
বাংলা
   
Wednesday | 16 October 2024 | Epaper
BREAKING: 43rd BCS: Govt appoints 2,064 candidates to various cadres      Each egg to be available at Tk 11.87 at retail level from Wednesday      Sale of 10 agri goods at Tk 650 begins at 20 spots in capital      Hathurusingha suspended, Phil Simmons new head coach      No legal bar for Shakib Al Hasan's return      HSC results published, highest pass rate in Sylhet      Ex-minister Faruk Khan arrested       

BB lifts limit of cash withdrawal from banks

Published : Sunday, 8 September, 2024 at 12:00 AM  Count : 303
 
Bangladesh Bank (BB) on Saturday lifted the limit of cash withdrawal from banks. 

From now onwards, any depositor will be able to withdraw any amount of cash from his or her bank account. 
BB issued the instruction to all commercial banks.

This instruction will be effective from today.  

After the fall of Sheikh Hasina's government on 5 August, the pressure of cash withdrawal increased slightly.

The pressure to withdraw cash is seen especially from pro-Awami League politicians and business families.

As a result, BB had earlier decided to discourage cash  withdrawals  so that these funds were not used in any way for terrorist or illegal activities.

Initially, the BB slapped the restriction on withdrawal of over Tk one lakh as banks were facing challenges in transferring cash from one place to another.

Earlier, BB had instructed banks to monitor transactions through cheques and block any suspicious transfer of funds.



LATEST NEWS
MOST READ
Also read
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝