These limits were established in a variable way, considering the specific banking entity, the user’s account type, the cashiers used and the profile of each client.
The main banking entities of Argentina updated in May the maximum amounts that its customers can remove daily through ATMs. These limits were established in a variable way, considering the specific banking entity, the user’s account type, the cashiers used and the profile of each client.
The National Bank determined a base limit of $ 150,000 per dayoffering the possibility of expanding it up to $ 500,000 through the use of the mobile application or the Home Banking system. The Province Bank set a top of $ 400,000. For its part, The City Bank allows extractions of up to $ 800,000with the option of raising said amount to $ 1,200,000.
In the Banelco Network, The Galicia Bank authorized retreats of up to $ 400,000although in its own ATMs the limit amounted to $ 1,000,000. The ICBC established a daily ceilings of $ 550,000, while BBVA Bank was positioned with the highest limit, reaching $ 2,100,000. He Macro Bank set a $ 600,000 limitwhile the Creicoop Bank, $ 400,000.
In the case of Creicop Bank, The ATMs have the temporary increase functionality of the limit for cash withdrawals (by ATMs of the entity), granting the possibility of managing the extension of the extraction limit up to $ 1,000,000 daily and its duration/validity may be up to 24 hours. of the day when the limit increase or up to 24hs is made. From the later day, after this time, the limit will originally return to the assigned.
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How the extraction limit can be increased
Most financial institutions allow their clients to increase the daily extraction limit through digital efforts. To carry out this modification, It is necessary to access Home Banking, go to the card section and select the “Modify limit” option within the permitted ranges for each bank. Some entities also required a telephone verification or an additional security authentication to complete the management.
The extractions carried out in ATMs belonging to banking entities other than the card station usually have lower limits due to operational issues, which could influence the maximum amount available for removal.
Source: Ambito
