Rumor: State Bank of Pakistan confined ATM withdrawal limit to Rs1,000?

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The State Bank of Pakistan (SBP) on Saturday rejected the message circulating on social media about a change in withdrawal restriction upon a limit from the central bank.

Clarifying the rumors that it has not restricted the ATM cash withdrawal limit to Rs1,000.

In a tweet, the Bank denied the fake message circulating on social media attributing to it that the ATM cash withdrawal limit is restricted to Rs1,000.

“SBP does not put any restriction on ATM withdrawal limit. Banks decide about such limits,” it added.

Earlier, many of the Pakistanis have been receiving text messages stated the State Bank of Pakistan has increased the minimum ATM withdrawal amount.

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