Bank withdrawal limit?
Bank withdrawal limit stands for the amount of money you can
withdraw from your own bank account in a day through an ATM
Machine. Usually this limit is set to ensure that banks can always
meet cash requirements arising out of withdrawal transactions by
its customers. An ATM machine can at any time hold only a certain
amount of cash and this limit ensures that all customers who try to
withdraw cash from that ATM machine are given money to meet their
needs.
However, there are no limits on withdrawal by visiting your own
bank branch. You can withdraw as much as money as you have in your
bank account. No bank can say No to your withdrawal request as long
as you have enough funds in your account.
Related Q&A：
What is You may withdraw an unlimited amount from your account through an ATM at your bank？Well, that sounds pretty amazing! But usually, it's not that simple. Most banks have certain limits on how much you can withdraw from an ATM in a single day or transaction. It's for security reasons, you know? Maybe this statement is from a very special bank or some kind of promotion. But in general, there are almost always restrictions to prevent fraud and protect your money. So, I'd be a little skeptical if I heard that and would double-check with my bank for sure.
