State Bank of Pakistan (SBP) rejected the message circulating on social media that the SBP has been instructed to limit the withdrawal of cash from ATMs to Rs 1,000.

According to the statement issued on Twitter, SBP 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 statement added.

2/2 SBP does not put any limit on ATM withdrawal limit. Banks decide about such limits.

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— SBP (@StateBank_Pak) January 22, 2021