BoU sets cash withdrawal limits from 2027

NATIONALThe Bank of Uganda (BoU) will introduce daily and weekly limits on over-the-counter cash withdrawals from January 1, 2027, in a move aimed at promoting digital payments.Under the new guidelines, individual account holders will be allowed to withdraw up to sh50m daily and sh250m weekly, while corporate and business accounts will be subject to a daily limit of sh500m and a weekly cap of sh2.5b.