swnjo
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The actual problem is here:
"While the MEA said it will “look into” the complaint filed by the mission, Pakistani diplomats said the trouble faced by them is not related to demonetisation. “We are finding it difficult to perform our duties as the bank where we conduct our transactions has been refusing to let us withdraw cash. This is an unprecedented challenge as the bank is declining our legitimate requests to withdraw our own money,” said a diplomat."
It has got nothing to do with that $5000 thing as yes rule for all are same but they are being refused even any kind of withdrawal and thats happening only with Pakistani diplomats.
See this is the issue here. The OP is vague about the actual problem. is it the bank ?is it the rules? How much the diplomats want to withdraw, nothing is known.