Bangladesh Bank is gradually increasing cash withdrawal limits to restore normalcy in the banking sector. This move aims to strike a balance between public demand and financial stability, particularly in a climate of ongoing security concerns.
In the latest update, Bangladesh Bank raised the cash withdrawal limit to Tk 5 lakh per account this week, up from Tk 4 lakh the previous week. This progressive adjustment follows earlier limits of Tk 3 lakh, Tk 2 lakh, and Tk 1 lakh in the preceding weeks, indicating a structured approach to increasing access to cash.
The adjustments began as the interim government took charge on August 8.
Despite these changes, concerns remain about the secure transportation of cash and the risk of individuals potentially destabilising the banking sector by withdrawing large sums. To mitigate these risks, Bangladesh Bank continues to impose and gradually adjust withdrawal limits.
