The National Bank of Kazakhstan hasn’t changed official limits for withdrawing cash from banks for small businesses, even though several state agencies demanded the regulator to do so, according to the National Entrepreneur Chamber Atameken.
In January 2023, the country’s authorities suggested the National Bank cut the cashing in of money limits by half ($22,348), citing the fight against money laundering. In turn, Atameken wanted the regulator to do the opposite.
On June 1, 2020, Kazakhstan adopted the following cashing-in of money limits for small, medium-sized and large-sized businesses: $44,697, $268,182 and $335,227, respectively.
A company can withdraw more cash...