This is the list of the top 10 banks of the Philippines that has the highest limit of ATM withdrawal amount per day.
Why do banks limit the amount of money that can be withdrawn in an ATM (machine) in a day? This is to limit the risk of unauthorized withdrawals.
This is the list of the top 10 banks of the Philippines that has the highest limit of ATM withdrawal amount per day.
Why do banks limit the amount of money that can be withdrawn in an ATM (machine) in a day? This is to limit the risk of unauthorized withdrawals.
If there's no limit, an unauthorized person can withdraw all the money from the victim's ATM account in a day.
Here's the list of the banks and their corresponding maximum ATM withdrawal limit:
- Banco De Oro (BDO) - ₱ 25,000 ($490). This limit can be increased if you call BDO Customer Service. I don't how much is the maximum limit you can withdraw but I know someone who withdrew ₱ 50,000 upon calling BDO customer service.
- Bank of the Philippine Islands (BPI) - ₱ 50,000 ($392). Like BDO, this limit can be also increased if you call BPI customer service. Another type of BPI Account, the Maxi One Account has a maximum ATM withdrawal limit of ₱ 50,000 ($980) per day.
- Metrobank - ₱ 30,000 ($588).
- LandBank - ₱ 50,000 ($980).
- Security Bank - ₱ 25,000 ($500)
- Other banks will be added here soon...