This Is Qatar - Qatar Central Bank Puts Brakes on Eidiya ATM Service After Record QR 135 Million Withdrawn During Eid Al Fitr

Eid Eid al fitr Eidiya atm Qatar central bank

Qatar Central Bank Puts Brakes on Eidiya ATM Service After Record QR 135 Million Withdrawn During Eid Al Fitr

Qatar Central Bank closes its Eidiya ATM service after withdrawals surpass QR 135 million during Eid Al Fitr celebrations, indicating a significant demand for cash during the festive period.

Muneeb M, Apr 21, 2024

Qatar Central Bank has hit pause on its Eidiya ATM service, citing an unprecedented withdrawal spree that saw a jaw-dropping sum of over QR 135 million taken out during the 2024 Eid Al Fitr celebrations.

The news, dropped on April 21, 2024, via the bank's social media handles, highlights just how much cash flowed out of Eidiya ATMs spread across ten different spots. It's a clear sign of the immense demand for cash during the festive season.

With the Eidiya ATM service on hold, it's evident that Qatar Central Bank is taking proactive steps to manage the financial impact of this cash frenzy sparked by Eid Al Fitr.