Bangladesh Bank has directed commercial banks to impose a temporary limit of Tk2 lakh on cash withdrawals per customer this week.

This decision, communicated to bank managing directors through an emergency message, was made due to security concerns that are currently complicating the transfer of funds to bank branches. The directive also calls for heightened monitoring of cheque transactions and the suspension of any suspicious activities.

An official from Bangladesh Bank noted that the interim government, led by Nobel laureate Professor Muhammad Yunus, has been sworn in. The restriction on withdrawals aims to prevent potential instability within the banking sector that could result from large-scale cash withdrawals.