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The central bank of Bangladesh has revised upward the daily individual transaction limit applicable for cash-in services by more than 66 per cent to Tk 50,000.
Monthly limit cash-in services have been hiked by 50 per cent to Tk 300,000, according to the circular published on Thursday.
The payment system department (PSD) of Bangladesh Bank issued the circular on the day signed by its director, Ms Rafeza Akter Kanta.
However, bank transfers (bank accounts and cards) have remained unchanged at daily Tk 50,000 and monthly at Tk 300,000.
The BB has enhanced the daily individual transaction limit applicable for cash-out through Mobile Financial Service (MFS) by 20 per cent to Tk 30,000.
Its monthly limit has been raised by 33 per cent to 200,000.
The bank transfers (bank accounts and cards) applicable for cash-out remained unchanged at daily Tk 50,000 and monthly at Tk 300,000, respectively.
The P2P (person-to-person) limit also increased by 100 per cent to Tk 50,000 a day, while it rose by 50 per cent to Tk 300,000 a month.
jasimharoon@yahoo.com