A new era begins for daily ATM withdrawal limits at banks

With the rising demand for cash, many banks have implemented a new regulation regarding daily ATM withdrawal limits. These limits, which had remained fixed for a long time, have been increased to different amounts starting today and are now being offered to customers. The updated limits applied by banks have led citizens to monitor their ATM transactions more closely.

While some banks offer high limits, others prefer to keep them at lower amounts.
So, how much cash are banks allowing their customers to withdraw?

WHICH BANK ALLOWS HOW MUCH CASH WITHDRAWAL?

For those who want to withdraw cash from ATMs, daily withdrawal limits are of great importance. Users who want to meet their direct cash needs, especially outside of wire transfers and EFT transactions, are closely examining the limits offered by banks. Daily withdrawal limits can vary significantly between different banks.

Enpara stands out as the bank offering the highest daily cash withdrawal limit at 50,000 TL. It is followed by Alternatifbank, Burganbank, Garanti BBVA, and İş Bankası with 20,000 TL. Akbank applies the lowest limit at 7,000 TL. HSBC stands out with a limit of 8,500 TL, while Ziraat and Şekerbank have limits of 7,500 TL.

Customers who wish to withdraw more than the daily limit from an ATM must pay an extra commission. Banks allow you to perform such high-amount withdrawal transactions by charging additional fees. Alternatively, it is also possible to transfer the money and withdraw it free of charge from the ATMs of contracted banks.

Here are the current daily ATM withdrawal limits for some prominent banks:

• Enpara: 50,000 TL
• Alternatifbank, Burganbank, Garanti BBVA, İş Bankası: 20,000 TL
• Fibabanka: 15,000 TL
• HSBC: 8,500 TL
• Akbank: 7,000 TL
• Şekerbank, Ziraat Bankası: 7,500 TL
• Anadolubank, Denizbank, ING, Odeabank, QNB Finansbank, TEB, Halkbank, Vakıfbank, Yapı Kredi: 10,000 TL

With this latest regulation, both individual and commercial customers can make their choices through the right bank to avoid paying high commissions. Checking limits for ATM cash withdrawals is of great importance to protect against rising costs.

News Source: 12punto