What is the maximum withdrawal from GoTyme?

Decoding GoTyme’s Withdrawal Limits: How Much Can You Take Out?

GoTyme Bank, known for its innovative digital banking approach, offers a convenient and accessible banking experience. However, understanding its withdrawal limits is crucial for effective financial management. This article clarifies the maximum amount you can withdraw from your GoTyme account in a single day.

While GoTyme boasts a user-friendly interface, some aspects, like withdrawal limits, require clarification. Many users wonder, “What’s the maximum I can withdraw from GoTyme in a day?” The answer isn’t a single figure, but rather a combination of daily and per-transaction limits.

Daily Withdrawal Limit: PHP 100,000

The key figure to remember is the PHP 100,000 daily withdrawal limit. This encompasses all withdrawals made across various channels, including over-the-counter withdrawals at partner banks and ATM withdrawals. Whether you choose to withdraw smaller amounts multiple times or a larger single amount, your combined withdrawals for the day cannot exceed PHP 100,000.

Per-Transaction Limit: PHP 10,000

While you can withdraw up to PHP 100,000 daily, there’s a per-transaction limit of PHP 10,000. This means each individual withdrawal attempt, whether at an ATM or over the counter, is capped at PHP 10,000. To withdraw the full PHP 100,000 daily limit, you would need to make multiple transactions.

Minimum Withdrawal: PHP 100

On the lower end of the spectrum, GoTyme sets a minimum withdrawal amount of PHP 100. This ensures that even small transactions are possible, contributing to the bank’s commitment to inclusivity and accessibility.

Planning Your Withdrawals:

Understanding these limits allows for better financial planning. If you anticipate needing to withdraw a significant sum, it’s advisable to plan your transactions accordingly to avoid exceeding the per-transaction limit. Remember to factor in potential fees associated with various withdrawal methods.

In Summary:

GoTyme offers a daily withdrawal limit of PHP 100,000, with a per-transaction maximum of PHP 10,000 and a minimum of PHP 100. This information ensures you can effectively manage your funds and utilize GoTyme’s services efficiently. Always refer to GoTyme’s official website or app for the most up-to-date information on fees and limits.