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Nepal Rastra Bank slashes ATM withdrawal limit


05 September 2019  

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KATHMANDU: Nepal Rastra Bank (NRB) has decreased the daily withdrawal limit from ATM after Chinese hackers siphon millions of rupees hacking ATMs in Nepal.

The central bank issued a circular to banks on Thursday directing them to set the daily withdrawal limit at Rs 60,000. Earlier, a customer was allowed to withdraw up to Rs 100,000 in a day.

Likewise, per transaction limit has also been decreased to Rs 20,000. Earlier, the limit was set at Rs 25,000.

Publish Date : 05 September 2019 19:37 PM

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