How much can you withdraw from ATM per day USA?

ATM Withdrawal Limits in the United States

Daily ATM withdrawal limits in the United States vary depending on the bank and the type of account you have. Limits can range from a few hundred dollars to as high as fifteen hundred dollars per day.

Reasons for Withdrawal Limits

These limits are primarily implemented for security purposes:

• To protect against fraud: Limits help prevent unauthorized withdrawals from stolen or compromised cards.
• To prevent overdraft charges: Withdrawal limits ensure that you do not exceed the available balance in your account.
• To protect the bank: Limits help banks manage their cash flow and mitigate the risk of running out of funds in ATMs.

Factors Affecting Withdrawal Limits

Several factors can impact your daily ATM withdrawal limit:

• Bank policies: Each bank sets its own withdrawal limits based on its risk assessment.
• Account type: Checking accounts typically have higher withdrawal limits than savings accounts.
• Account activity: Banks may adjust withdrawal limits based on your account history and recent transactions.
• Card type: Debit cards linked to checking accounts may have higher limits than cards linked to savings accounts.
• ATM location: ATM withdrawal limits may vary depending on the location of the ATM.

Finding Your Withdrawal Limit

To determine your daily ATM withdrawal limit, you can check:

• Your bank’s website or mobile app: Most banks provide information on withdrawal limits in their online or mobile banking portals.
• Your ATM receipt: The receipt from your last ATM transaction may show your available balance and any applicable withdrawal limits.
• Customer service: You can also contact your bank’s customer service department to inquire about your withdrawal limit.

Exceptions to Withdrawal Limits

In some cases, banks may allow you to exceed your daily withdrawal limit:

• Emergency situations: Banks may waive withdrawal limits in emergency situations, such as a medical emergency or a natural disaster.
• Large withdrawals: If you need to withdraw a large amount of money, you may request a cashier’s check or a wire transfer from your bank.

Additional Tips

• Be aware of your withdrawal limit before using an ATM.
• If you need to withdraw more money than your limit allows, contact your bank in advance.
• Always keep your ATM PIN confidential.
• Monitor your account activity regularly to ensure that there are no unauthorized withdrawals.