Bangladesh raises cheque encashment limit to 400,000 taka

DHAKA, Aug. 25 (Xinhua) -- The central bank of Bangladesh has set a new cash withdrawal limit of 400,000 taka (3,333 U.S. dollars) via cheques per account per day starting from Sunday.

As per the latest announcement from the Bangladesh Bank on Saturday night, commercial banks in the country are now required to limit cash withdrawals to 400,000 taka per account daily, up from the previous limit of 300,000 taka.