News

Before now, most banks had put a limit of N20,000 daily withdrawal on their ATM terminals mainly for cards issued by other banks. The limit had been put in place during the naira redesign policy.
The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and companies at bank branches, ...
New ATM Cash Withdrawal Limit in Germany There are specific rules and restrictions for cash transactions in Germany. For instance, international transfers exceeding a certain amount are subject to ...
RBI's revised ATM usage cost instructions effective May 1, 2025, allowing banks to charge ₹23 per transaction after free limit.
Japan’s National Police Agency plans to limit ATM withdrawals and transfers to 300,000 yen daily for people aged 75 or older.
TOKYO -- Japan's National Police Agency is considering limits on ATM withdrawals and transfers by those aged 75 and older to 300,000 yen (around $1,990) per day to combat the growing issue of ...
Currently, banks voluntarily set the upper limit on cash withdrawals from ATMs at ¥500,000 per day, with no legal regulations.
The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to less than N20,000 per transaction.
The directive follows CBN’s revised ATM withdrawal charges proposed to take effect from March 1, 2025. The policy has sparked reactions among Nigerians as a result of some gray areas.
Increase in on-site ATM withdrawal charges According to the new guidelines, from 1 March 2025, bank customers will be charged N100 per N20,000 ATM withdrawal from another bank’s ATM located ...