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1,000 us withdrawal from atm machine with one charge

Discussion in 'Banking - Investing - Finances' started by JOHNNY B, Jan 11, 2020.

  1. Princeton

    Princeton DI Member

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    the 50k is your daily withdrawl limit..20k max at a time..i have the same card
     
  2. jim787

    jim787 DI Forum Adept

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    Daily ATM limits on a card from another bank may be set by the bank that issued the card.
     
  3. Rye83

    Rye83 with pastrami Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    Charles Schwab reimburses all ATM fees. Don't tell them that's why you are opening the account though.
     
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  4. kelpguy

    kelpguy DI Senior Member

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    fwiw...
    i signed up with Schwab, about 15 years ago, using a foreign address and i had to make a USD $25k deposit with them to get a Schwab debit card.
     
  5. Chriscraft

    Chriscraft DI Junior Member

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    Found this through Google:

    Bank ATM Maximum Amount Per Day
    BDO PHP 50,000
    BPI PHP 20,000
    China Bank PHP 30,000
    Landbank PHP 50,000
    Maybank PHP 20,000
    Metrobank PHP 30,000
    PNB PHP 20,000
    PS Bank PHP 30,000
    RCBC PHP 50,000
    Security Bank PHP 40,000
    UCPB PHP 20,000
    Union Bank PHP 20,000

    In Thailand ATM limits are usually around THB 25000 (PHP ~41000). Although, when making the debit card withdrawal manually in the bank the limit is THB 50000. Is it similar in The Phil's?


    https://www.moneymax.ph/personal-finance/articles/atm-service-fees-philippines
     
  6. Rye83

    Rye83 with pastrami Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    I think the rules have changed in those 15 years. I don't think they have a minimum deposit to open an account and get a card any longer. They do force you to open a brokerage account along with it, and I take advantage of that, but I didn't use the brokerage account for months while I had the checking account.

    And another side note, they have excellent online money management and free stock trading/research platforms with their brokerage/checking accounts. I use them both almost daily.
     
  7. Glendazumba

    Glendazumba DI Forum Adept

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    Daily allowable amount for ATM withdrawals is P20k but you may withdraw the whole amount using the real teller, that means filling out a form and waiting for your turn to be called inside the bank.
     
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  8. tis me

    tis me DI Member

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    That is correct.
     
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  9. Princeton

    Princeton DI Member

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    BPI has a card available on request(the card i have) which is raised to
    p50k per day..unfortunately not 50k in i shot though
     
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  10. Glendazumba

    Glendazumba DI Forum Adept

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    I think BPI also allows Php20k withdrawal per day.
     
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