What is the max amount I can withdraw from a Bank of America ATM?

Understanding Bank of America ATM Withdrawal Limits

Bank of America (B of A) customers can withdraw cash from their accounts through ATMs conveniently located across the country. However, it’s important to be aware of the established limits to avoid any inconvenience.

Standard Withdrawal Limits

Generally, B of A ATM withdrawal limits are as follows:

• $1,000 per transaction: Customers can withdraw up to $1,000 in a single transaction.
• 60 bills per transaction: Additionally, there is a limit of 60 bills dispensed per withdrawal. This means that even if the requested amount exceeds $1,000, only 60 bills will be dispensed in the transaction.

Factors Affecting Limits

While the standard limits apply to most B of A customers, there are certain factors that may influence these limits:

• Account Type: Different account types may have varying withdrawal limits. For instance, certain premium accounts may offer higher withdrawal limits.
• Available Funds: The amount of money available in the account may impact the withdrawal limit. If the account balance is less than $1,000, the withdrawal limit will be capped at the available balance.

Additional Considerations

• Number of Transactions: B of A may limit the number of ATM withdrawals per day to prevent potential fraud or unauthorized access.
• ATM Location: Some ATMs may have specific withdrawal limits due to security reasons or cash availability.

Conclusion

Knowing the Bank of America ATM withdrawal limits is essential for planning your cash withdrawals. While the standard limits are $1,000 per transaction or 60 bills, your account type and available funds may affect these limits. If you anticipate a large cash withdrawal, it’s advisable to visit a bank branch or contact customer service for assistance.