The amount of money you can withdraw from an ATM depends on your bank, account type, and card type, and it typically varies by country and institution. General ATM Withdrawal Limits:
- In the U.S., daily ATM withdrawal limits usually range from about $300 to $1,500, though some banks allow up to $5,000 per day depending on account type and banking history. Premium accounts often have higher limits than basic accounts
- In India, daily ATM withdrawal limits vary widely by bank and card type, typically ranging from ₹10,000 to ₹2,00,000. For example, SBI Platinum cards allow up to ₹1,00,000 per day, while premium cards from Kotak or IDFC First may allow up to ₹10,00,000. Basic accounts often have lower limits around ₹10,000 to ₹25,000, while premium accounts can have limits up to ₹3,00,000 per day
- In Europe, for example at ABN Amro (Netherlands), you can withdraw up to €2,000 per transaction depending on the ATM's cash availability, and can make multiple transactions to withdraw larger amounts
Factors Affecting ATM Withdrawal Limits:
- Your bank sets the limit based on your account type, card type, and banking relationship.
- ATMs themselves may have per-transaction limits and limited cash availability.
- You can often request to increase your daily withdrawal limit by contacting your bank or using online banking services
If you need more cash than your ATM limit:
- You can make multiple withdrawals if the ATM and your bank allow.
- Consider withdrawing cash directly from a bank teller at a branch.
- Use cash back options at stores.
- Withdraw from savings accounts if limits differ.
In summary, the typical ATM withdrawal limit ranges from a few hundred to a few thousand dollars or equivalent, depending on your bank and account. You can check your specific limit by contacting your bank or checking your online banking portal
