Bangladesh Bank (BB) has lifted a limit on cash withdrawals
from banks in view of overall improvements in law and order.
"Cash withdrawal restrictions will no longer be
applicable from Sunday onwards, Customers will be able to withdraw any amount
of funds from tomorrow," said BB Executive Director and Spokesperson Md
Mezbaul Haque. The relaxation comes a month after the BB imposed the
restriction amidst a deterioration in law and order. At that time, law
enforcers were abstaining from their duties following deadly attacks and
clashes centring an uprising which led to Sheikh Hasina's resignation from the
post of prime minister on August 5.
The central bank on August 7 asked banks to limit daily cash
withdrawals to Taka one lakh per account. Since then, it has been gradually
relaxing the cap. Last week, customers were barred from withdrawing over Tk 5
lakh a day per account. The withdrawal limit was Tk 4 lakh on the previous
week.