BOU Hackathon
You and a team of fellow students can win upto UGX 15 million as you compete in a team to develop a digital solution within 48-hours. To apply, email your CV to bou60@bou.or.ug. Deadline 15 June 10, 2026
Poetry Competition
Bank of Uganda Primary Schools Poetry Competition
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Introducing over-the-counter cash withdrawal limits
Safeguarding Price Stability for Uganda’s Economy
Welcome to the official website of the Bank of Uganda. Discover how we maintain price stability to protect consumers’ purchasing power & create a predictable environment in which investors can plan, invest & grow.
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The Bank of Uganda promotes financial stability by maintaining a sound and resilient financial system that protects consumers and supports confidence in the financial sector.
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Latest News
FAQs - Reduction in interbank cheque value limits
FAQs - Reduction in interbank cheque value limits
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FAQs - Introducing over the counter cash withdrawal limits
FAQs - Introducing over the counter cash withdrawal limits
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WP 06_2026 Sentiment Analysis and Financial Stabili...
WP06_2026 Sentiment Analysis and Financial Stability in Uganda
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WP 05_2026 Nowcasting Trade in Travel Services Using...
WP05_2026 Nowcasting Trade in Travel Services Using Google Trends...
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WP 04_2026 Measuring Systemic Importance under...
Measuring Systemic Importance under Liquidity Stress: Evidence from the...
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WP 03_2026 Macroeconomic Drivers of Exchange Rate...
WP03_2026 Macroeconomic Drivers of Exchange Rate Volatility in Uganda...
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WP 02_2026 Foreign Monetary Policy Spillovers and...
Foreign Monetary Policy Spillovers and Macroprudential Policy Response:...
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WP 01_2026 Evaluating the Effects of Endogenous...
Evaluating the Effects of Endogenous External Balance Dynamics on...
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Advertisement of Vacant Position in Administrative...
External Advert- Quantity Surveyor Position
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Introducing Over-the-Counter Cash Withdrawal Limits
Introducing Over-the-Counter Cash Withdrawal Limits
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Monetary Policy Report May 2026
The primary objective of Bank of Uganda (BoU) under the Constitution...
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Lomodi Forex Bureau Limited Ceases Foreign Exchange...
Lomodi Forex Bureau Limited Ceases Foreign Exchange Business
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Super Gate Forex Bureau Limited Ceases to Carry on...
Super Gate Forex Bureau Limited Ceases to Carry on Money Remittan...
View Now ›Today's Official Exchange Rates (17 June 2026)
Indicative Exchange Rates are updated 3 times a day, Monday to Friday.
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ZARCBR and the 7-Day Interbank Rate
From the perspective of the Bank of Uganda and the financial sector as a whole, the stability of the financial system is inextricably linked to the effectiveness of the judicial system.
Upcoming Events
T-BILLS 91, 182, 364 days
17 Jun 2026August MPC Meeting
13 Aug 2026Promoting Economic Growth through Monetary Policy
21 Sept 2026
Have a Question? (FAQs)
Find quick answers to common questions about how we operate, invest, and innovate.
What are Over the Counter (OTC) cash withdrawal limits?
The OTC limits are caps which Bank of Uganda (BoU) has introduced on the amount of cash that can be withdrawn by a customer over the bank counter. The limits are; A daily transaction limit of UGX 50 million and a weekly limit of UGX 250 million for individual account holders. A daily transaction limit of UGX 500 million and a weekly limit of UGX 2.5 billion for corporate entities and business accounts.
Why is the Bank of Uganda introducing these caps?
In alignment with global trends and the national digitization agenda, the limits aim to promote a cash-lite economy. The initiative also aims to reduce risks and costs associated with handling large amounts of cash, enhance financial transparency, and encourage the adoption of digital payment channels.
Do these limits apply to electronic transfers?
No. These caps only apply to physical cash withdrawals at a financial institution.
Can my bank set lower limits than the BoU cap?
Yes. Financial institutions are required to develop customer risk profiles as part of their internal risk management frameworks. Based on these profiles, a financial institution may set customer-specific withdrawal limits that are lower than the BoU ceiling.