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*Small Denominations, Low Withdrawal Limits Infuriate Depositors* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?jz Following the Reserve Bank of Zimbabwe’s (RBZ) recent introduction of new banknotes and coins, depositors have complained about the small denominations and low withdrawal limits that have been put by banks. On Tuesday, depositors were finally able to withdraw money from banks though there was a cap on how much an individual could get. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- Some banks were allowing individuals to withdraw only $100 with the RBZ having set a cash withdrawal limit of $300 a week. The RBZ released $2 and $5 denominations as well as $2 bond coins and considering the rate of inflation, the denominations are considered too small. For instance, a loaf of bread costs between $14 and $16 which means one needs at least seven $2 notes to buy a loaf of bread. *More: New Ziana* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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