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The interim government – headed by Nobel laureate Dr Muhammad Yunus – is set to take oath on Thursday evening. For security concerns, in the absence of a government, Bangladesh Bank has set a limit of withdrawing Tk 1 lakh only from a single account from banks.
The bank’s managing directors gave this instruction in an urgent message on Wednesday night. As per the guidelines, even if a customer cannot withdraw cash, they can transfer any amount of money and do digital transactions.
After the fall of the Awami League government, the pressure of cash withdrawal increased slightly. There is especially pressure to withdraw cash from Awami League politicians and business families.
The central 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 last night.
Apart from this, Bangladesh Bank has ordered to stop disbursement of money from the head office to the branches for Thursday. It is also advised to encourage customers to pay by cheques.
