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Uganda's central bank caps cash withdrawals for individuals, businesses

Uganda’s central bank has imposed new limits on over-the-counter cash withdrawals and slashed cheque transaction thresholds.

Raccontata datechcabal.comafrica.businessinsider.com

Confronto fonti

2 prospettive sulla stessa storia
AI · summaries
techcabal.comStai leggendo2 g fa

Uganda's central bank caps cash withdrawals for individuals, businesses

Bank of Uganda capped daily cash withdrawals (UGX50M individuals, UGX500M businesses) and halved cheque limits, effective January 2027. Mobile money grew 40% in 2025; the policy prioritizes digital payments as core fintech infrastructure for enterprise banking decisions.

originale
africa.businessinsider.com1 g fa

Uganda is making it harder to use cash as digital payments top $100 billion

Uganda will introduce new cash withdrawal limits and cheque restrictions from 2027 as digital payments exceed $100 billion and mobile money adoption accelerates across the country

Leggi questa versione → originale

Timeline cronologica

  1. martedì 2 giugno 2026·techcabal.com

    Uganda's central bank caps cash withdrawals for individuals, businesses

    Uganda’s central bank has imposed new limits on over-the-counter cash withdrawals and slashed cheque transaction thresholds.

  2. mercoledì 3 giugno 2026·africa.businessinsider.com

    Uganda is making it harder to use cash as digital payments top $100 billion

    Uganda will introduce new cash withdrawal limits and cheque restrictions from 2027 as digital payments exceed $100 billion and mobile money adoption accelerates across the country