The Bangladesh Bank has fixed the maximum limit of cash withdrawal from any bank account to Tk four lakh, an increase from the Tk three lakh limit.
The central bank of Bangladesh has hiked the limit once in each of the previous three weeks, which it imposed after the deterioration of the law and order and overall security situation in the country since the fall of the Sheikh Hasina government on Aug 5.
Initially, the BB slapped the restriction on withdrawal of over Tk 1 lakh as banks were facing challenges in transferring cash from one place to another.
Earlier the central bank instructed commercial banks to monitor transactions through cheques and block any suspicious transfer of funds.
