Thursday, January 2, 2020

ATM cash withdrawal limit raised

The central bank has raised the daily limit of cash withdrawal from bank ATMs.
Releasing the Unified Directives to all licensed institutions today, the central bank increased the daily limit for cash withdrawal from the debit cards to Rs 100,000 from the existing limit of Rs 60,000. 
Earlier, the central bank had – on September 6 – reduced the daily limit to Rs 60,000 per day from Rs 100,000 in the wake of ATM heist in Kathmandu.
Likewise, the central bank has also increased per transaction limit to Rs 25,000 from Rs 20,000.

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