Zimbabweans continued to wait in long lines on Wednesday to withdraw cash from their bank accounts, but customers in Harare, the capital, reported somewhat shorter lines after the issuance Monday of a Z$50,000 bank note and an increase in the withdrawal limit.
Sources in Harare said commercial bankswere able to dispense the maximum daily withdrawal amount of $50,000 cash to customers, but building societiessuch as Beverly and CABS continued to feature long queues, and their ATMs were more often out of service than functioning.
Conditions in Bulawayo, the country's second-largest-city, were reported to be similar.
Bank transactionsin Mutare were slowed by disruptions of inter-bank network communications due to powercuts, local financial sources said. Most banks in Mutare were said to be distributing $20,000 bank notes instead of the new $50,000 bills issued by the Reserve Bank.