Former Deputy General Manager of Ziraat Bank announced: Soon, there will only be 200 TL banknotes in ATMs.

Former Deputy General Manager of Ziraat Bank announced: Soon, there will only be 200 TL banknotes in ATMs.

06.08.2024 13:10

A striking claim has been made regarding ATMs while the Turkish lira experiences significant value losses due to high inflation in Turkey. Former Deputy General Manager of Ziraat Bank, Prof. Dr. Şenol Babuşçu, alleged in a social media post that banks are gradually removing small banknotes from ATMs and soon only 200 TL banknotes will be available.

With high inflation, citizens cannot meet their needs with banknotes such as 5-10-20 TL. As a result, banks continue to introduce new regulations. It is said that banks, which gradually remove small banknotes from ATMs, will switch to a single banknote period in the coming days.

AMOUNT WITHDRAWN FROM ATMs BY CITIZENS HAS CHANGED

Due to the inability of small denominations to meet the needs in the market, citizens have started to prefer withdrawing the highest amount, which is 200 TL, more frequently when they go to ATMs. In fact, it has become impossible to withdraw amounts such as 10-20 TL from some banks.

Recently, cash withdrawal limits, which were 5,000 liras, were increased to 10,000 liras. Some banks have increased the free cash withdrawal limit to 15,000 liras.

Ziraat Bank's former Deputy General Manager announced: Soon there will only be 200 TL banknotes in ATMs

"THERE WILL ONLY BE 200 TL BANKNOTES SOON"

Prof. Dr. Şenol Babuşcu, former Deputy General Manager of Ziraat Bank, made a striking statement on his social media account, saying, "Banks have also stopped putting 50 TL banknotes in ATMs after 5, 10, 20 TL. Some banks are also working on not putting 100 TL banknotes in ATMs. Soon, there will only be 200 TL banknotes in ATMs."

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