Current ATM Daily Cash Withdrawal Limits of Banks and Applications Around the World

With the beginning of October, banks' daily free cash withdrawal limits from ATMs came to the fore again. Daily cash withdrawal limits determined by banks in Turkey according to card, transaction channel and QR code usage vary between 10 thousand TL and 60 thousand TL.

In Ukraine, where war conditions continue, the Central Bank (NBU) maintains the daily cash withdrawal limit of 100 thousand Hryvnia (UAH) and allows commercial banks to set flexible limits. In Turkey, banks impose certain limits on cash withdrawals made by card and offer additional withdrawal opportunities through digital channels such as QR codes.

CASH RESTRICTIONS IN THE WORLD, DIGITAL CHANNELS IN TURKEY

The cash withdrawal limit of 100 thousand UAH per day and 200 thousand UAH in special accounts, imposed by the Central Bank of Ukraine within the scope of martial law, aims to keep the cash flow in the country under control.

While banks such as PrivatBank and Monobank apply various restrictions on the basis of transactions and hours, a different method stands out in Turkey. While banks set limits for cash withdrawals made by card, they define additional limits for digital channels such as QR codes.

Customers of banks in Turkey can withdraw additional cash by using a QR code via mobile banking applications when they reach the daily withdrawal limit determined by the card.

CURRENT ATM WITHDRAWAL LIMITS OF BANKS

Standard and free daily ATM cash withdrawal limits of public and private banks operating in Turkey, valid as of October 1, are as follows:

Money: 50,000 TL. With the use of QR code, the total limit can go up to 60,000 TL.

İş Bankası: 20,000 TL

VakıfBank: 20,000 TL

QNB Finansbank: 10,000 TL - 20,000 TL

Garanti BBVA: 15,000 TL

Yapı Kredi: 15,000 TL

Akbank / Halkbank / DenizBank: 10,000 TL - 15,000 TL

Ziraat Bank: 10,000 TL

THINGS TO CONSIDER WHEN WITHDRAWING CASH FROM ATM

In addition to the daily limits set by banks, QR code transactions and overlimit fees are also among the points that customers should pay attention to.

In addition to withdrawals made with a physical card, many banks define a separate limit for transactions made with a QR code via the mobile application. Thus, customers can exceed the daily withdrawal amount determined by the card.

Customers who want to withdraw cash above the daily limit may face over-limit withdrawal commissions imposed by banks. Choosing branches for customers who need high amounts of cash can reduce the risk of encountering such commissions.

With the FULL common ATM network created by public banks, transaction limits and charging conditions at ATMs within branches may differ from standard street ATMs.