Uzbek banks increase limit for cash withdrawal
Baku, Azerbaijan, Jan. 8
By Nigar Guliyeva – Trend:
Uzbek banks have increased the limit on withdrawing cash through ATMs installed in public places, podrobno.uz reported.
The limit has been increased from 100,000 to 200,000 soums. Those wishing to receive a bigger amount can apply to the cashier's offices of the bank that issued the card.
Reportedly, for the operation to cash out money one will have to pay a commission of 1 percent. cashing operations are not made through cash desks, but only through ATMs.
However, call center at "Ipoteka-bank" noted that the limit in ATMs of this bank has not changed and remained within 100,000 soums. The terms have not changed either - the commission is not charged.
Representative of "Uzpromstroybank" reported on the increase of the limit for ATMs to 200,000 soums, and its complete absence in the banks' offices. Cardholders of this bank do not need to pay commission for the operation, and cardholders from other banks will have to pay it.
Representative of the Central Bank noted that commercial banks have the right to independently determine limits, both for ATMs, and the size of the commission for the operation.
National Bank, People's Bank, Uzpromstroybank, Qishloq Qurilish Bank, Ipoteka Bank and Microcreditbank are among those which installed ATMs in bazaars and large shopping centers.
Earlier, the first deputy chairman of the Central Bank Timur Ishmetov informed about the plans of commercial banks to increase the number of ATMs to 200 units by early 2018.
Currently, there are 28 commercial banks in Uzbekistan, including three non-governmental, 12 joint stock commercial banks, eight private banks and five banks with participation of foreign capital.