Myanmar central bank caps cash withdrawals

- By Ben Margulies
- 01 Mar 2021

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The Central Bank of Myanmar has issued new limits on cash withdrawals from the nation’s banks, according to media reports. The move comes nearly a month after a military coup deposed the elected president and cabinet and the de facto prime minister, Aung San Suu Kyi.

In a letter to banks dated March 1, the CBM limited withdrawals from individual accounts to 2 million kyat ($1,418.60). Corporate account holders may take out up to 20 million kyat per week ($14,186). The central bank capped ATM

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