Re: ATM limits

> So, just going back to the OPs comments, does this mean that providing one

> > has enough cash on the card the ATM machine (whether on its own or in > > consultation with the host) would NOT: > > > > a) object to multiple withdrawals, say 5 X 700. > > b) not think anything dodgy was going on (I think the OP said the machine > > might suspect fraud of some kind. > > > > Also, what about foreign banks in the UK, like Bank of Cyprus or whatever; > > might they not have different limits from UK banks. Not necessarily that > > bank, perhaps some Middle eastern ones? > > Your bank will normally set a daily withdrawal limit - so you should > not be able to withdraw more than that in any given day. Each bank > has its own limits, and its own rules. Since every transaction has to > be authorised by your bank, they set the rules - so going to a > different banks ATM and hoping for more cash is probably not going to > work. They can even set the rules for each individual customer. > > Aris

OK, but what the OP wrote was:

was wondering what the maximum amount that can be taken out of UK ATM's is?

Presumably it is dependent upon: a) the debit/credit card. b) the ATM - in terms of how much the machine can hold; and how much it allows the individual to withdraw.

So, in theory if the card had a limit of 10K per day, would this work in practice?

He is saying that the card is authorised to take out as much as it can, so the question is how much will a certain bank's ATM permit, and if the limit is 500 then can one just put the card back in again and again, say until 10K is removed, or will, for whatever reasons, the ATM prevent this?

Reply to
Andrew
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There is no fixed answer. It is all dependant on every link in the chain - your bank - the ATM's bank (might be different from the issuing bank), etc. They make decisions on how much money to dispense and to whom.

If you really want to know - then speak to your bank.

Aris

Reply to
aris

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