What is the maximum amount I can withdraw from ATM?

Understanding Maximum ATM Withdrawal Limits

The maximum amount you can withdraw from an ATM varies based on several factors, including your account type, the specific ATM you’re using, and the guidelines set by your bank.

Account Type:

Each account type typically has a designated daily withdrawal limit. Standard checking and savings accounts may have lower limits than premium or business accounts.

ATM Limits:

Individual ATMs often impose their own transaction limits, which are determined by the ATM’s operator. These limits can vary widely, ranging from several million to tens of millions of Vietnamese Dong. Check the ATM screen or contact the operator for specific details.

Bank Guidelines:

Your bank may also set maximum withdrawal limits for security reasons. These limits may be higher than the ATM’s transaction limits. To ensure you’re aware of your bank’s specific guidelines, check their online banking portal or contact their customer service department.

Additional Considerations:

• Some ATMs may have a per-withdrawal limit, which is the maximum amount that can be withdrawn in a single transaction.
• Multiple withdrawals may be necessary to reach your desired amount.
• Some banks may charge fees for ATM withdrawals that exceed certain limits.
• It’s generally advisable to withdraw only what you need to avoid carrying large amounts of cash.

Conclusion:

The maximum amount you can withdraw from an ATM depends on a combination of your account type, the specific ATM you’re using, and your bank’s guidelines. By understanding these factors, you can ensure that you have access to the funds you need while adhering to the established limits. Always remember to check with your bank for specific details and to follow best practices for ATM security.