Summary
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The National Bank of Ethiopia has issued a directive (FIS/03/2020) that sets a cash withdrawal limit of 200,000 Ethiopian Birr per day and 1,000,000 Birr per month for natural persons, and 300,000 Birr per day and 2,500,000 Birr per month for juridical persons, effective May 19, 2020. Financial institutions that violate this limit will be fined 25% of the excess cash withdrawal value.
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