For the sake of security, not more than Tk. 2 lakh cash can be withdrawn from the bank this week. The regulatory body Bangladesh Bank has informed the banks that this decision will be applicable until further instructions are issued.
On Saturday (August 10) night, Bangladesh Bank gave this instruction in an urgent message to the managing directors or MDs of the bank. The managing director of several banks confirmed this information to Dhaka Post.
According to the guidelines, even if a customer cannot withdraw more than Tk. two lakhs in cash, they can transfer any amount to another account and do digital transactions.
It is known that after the change of government, the pressure of cash withdrawal increased slightly. There is especially pressure to withdraw cash from pro-Awami politicians and business families. Bangladesh Bank has decided to discourage the withdrawal of cash so that these funds are not used in any way for terrorist or illegal activities.
Earlier last Thursday, the customer could not withdraw more than Tk. one lakh.
Apart from this, the central bank has ordered to stop disbursement of money from the head office to the branches for today. It is also advised to encourage customers to pay by check.
An official of Bangladesh Bank said that a new government has been formed in the country. The pressure to withdraw cash increases somewhat in the changing situation. The pressure to withdraw cash is seen especially from politicians and business families. Bangladesh Bank has decided to discourage the withdrawal of cash so that these funds are not used in any way for terrorist or illegal activities. In continuation of this, Bangladesh Bank announced this decision on Saturday night.