The State Bank of Pakistan categorically rejects the false message making rounds on social media, attributing to it that ATM cash withdrawal limit is restricted to Rs. 1,000. “SBP does not put any limit on ATM withdrawal limit. Banks decide about such limits.”
The State Bank was responding to a message circulating on social media regarding the State Bank has restricted ATM withdrawal limit to just 1000 per transactions.
The message said, “Dear customer, as per State Bank of Pakistan directions, ATM cash withdrawal limit is restricted to 1000 PKR from 0000 hrs 23 Jan 21 to 0800 hrs 31 Jan 21.”