How much money can withdraw from ATM machine?

ATM Withdrawal Limits in Vietnam: A Comprehensive Guide

ATM withdrawal limits in Vietnam are imposed by banks to ensure the security of funds and prevent fraudulent activities. These limits vary depending on the issuing bank and account type. It is essential for bank customers to be aware of these limits to avoid any inconvenience or potential financial losses.

Daily Withdrawal Limits

The daily withdrawal limit refers to the maximum amount of cash that can be withdrawn from an ATM within a 24-hour period. This limit typically ranges from VND 5 million to VND 20 million (approximately USD 215 to USD 860). Some banks may offer higher daily withdrawal limits for premium or business accounts.

Weekly Withdrawal Limits

Weekly withdrawal limits are also imposed by banks and represent the cumulative amount of cash that can be withdrawn over a seven-day period. These limits are usually higher than daily limits, ranging from VND 10 million to VND 50 million (approximately USD 430 to USD 2,150).

Monthly Withdrawal Limits

Monthly withdrawal limits are the highest limits imposed by banks and cover the total amount of cash that can be withdrawn from an ATM within a calendar month. These limits typically range from VND 50 million to VND 100 million (approximately USD 2,150 to USD 4,300).

Exceptions and Considerations

There may be certain exceptions or special circumstances that allow for higher withdrawal limits. For example, some banks offer temporary increases in withdrawal limits for specific events or emergencies. Additionally, customers with exceptional financial needs may be able to request higher limits by contacting their bank directly.

Importance of Knowing Your Limits

It is imperative for ATM users to be aware of their bank’s withdrawal limits to avoid potential embarrassment or financial losses. If a withdrawal amount exceeds the daily, weekly, or monthly limit, the transaction may be declined by the ATM. In such cases, customers can either make multiple smaller withdrawals or contact their bank to increase the limit temporarily.

Note:

It is recommended to consult with your bank directly for the most accurate and up-to-date information regarding ATM withdrawal limits. These limits are subject to change and may vary depending on the issuing bank and account type.