How much can you withdraw from an ATM? Maximum cash withdrawals for UK banks revealed
THE amount people can withdraw from an ATM varies depending on which bank you use as well as the account you have in your account.
Consumer rights group Which? has reported that ATMs up and down the country are shutting down at a rate of 300 every month as people use contactless payments more.
The UK currently has around 70,000 ATMs, with more than 97 percent of withdrawals from free-to-use machines.
But according to banking industry body UK Finance, almost 7.4 million Brits are now living an "almost cashless life" – meaning they are less in demand than ever.
How much can you withdraw from an ATM?
Lloyds and Halifax
You can withdraw up to £500 a day from a cash machine.
The maximum amount of cash you can withdrawal over a branch counter is £2,500.
For most Nationwide accounts the maximum you can withdraw in a single day is £500, but for Smart Card and FlexOne accounts it is £300.
Barclays will allow you to withdraw up to a maximum of £300 a day if you are a personal customer.
But Premier customers can withdraw up to £1,000.
And Business customers up to £750.
NatWest and RBS
How much you can withdraw if you bank with NatWest or RBS depends on the account you have.
Holders of Student, Graduate, Savings or Adapt accounts can all withdraw £250.00 a day.
Foundation, Select, Reward, Silver or Platinum account holders can take out up to £300.00.
If you have a Black account, the limit is £750.00.
Regardless of what account you have, the limit is a maximum of £200 each day.
Santander and HSBC
If you have a Santander Select Current Account, you can withdraw £1,000 in a single day.
For the Everyday Current Account, the limit is £300.
If you have an HSBC bank account the limit is £300, while for HSBC Advance accounts it is £500.
With Clydesdale, the maximum daily limit is £350.
Source: Read Full Article