Myanmar Central Bank Limits ATM Transactions, Account Withdrawals 25 February 2021 Myanmar Central Bank Limits ATM Transactions, Account Withdrawals A Yangon resident withdraws cash from an ATM at a CB Bank branch in April 2019. / The Irrawaddy 8.1k By The Irrawaddy 1 March 2021 YANGON—The Central Bank of Myanmar (CBM) has lowered its limits on cash withdrawals from ATMs and bank accounts after a military-owned bank suspended operations last week as it faced a run on deposits. Claiming the move is aimed at encouraging digital payments, the CBM’s directive states that starting Monday, individuals can withdraw a maximum of 500,000 kyats (about US$354) from ATMs per day. Until Feb. 28, ATM users were allowed to withdraw up to 1 million kyats per day.