seeksocean

Okay, no scolding if it's a dumb question, but how do you know what your daily limit is in Euro when you withdrawl from an ATM machine?

I'd prefer to just withdrawl the daily max when I use the thing, but I have no idea how to figure it out. Thanks!!

Budman

It depends upon what your bank's daily limit is. For example, if your bank's daily limit is $500, you can withdraw approx 396.042 Euro at today's rate.

Depending upon the bank machine (some dispense 50, and others 20 bill denominations), you could get 350 or 380 Euro a day.

Check your bank's limits & rules.

My bank has a $500 limit. Both my wife & I have different numbered ATM cards for our joint checking account, so we can each withdraw $500 a day from the same account.

seeksocean

Thanks, much appreciated!! Will an ATM machine show you in Euro what your withdrawl limit really is if you ask for too much?

Neopolitan

I have a very high daily allowance set by my bank, but in Italy many ATM machines seem to impose their own limit of 250 euro per transaction. As I recall if you enter 300, the screen will tell you that the limit is 250, so you just re enter than amount. I've also found though that if you need more, you can usually put your card back in and do another 250.
I don't recall those limits in other countries -- but it seems to be an often used standard in Italy.

seeksocean

Great, this oh so very helpful. I am not a frequent ATM user...obviously. I'd rather use my credit card to get miles, but I see the importance of using cash in certain daily European situations.

janisj

If you will need a lot of one-time cash for something like paying for a flat - you can have your bank raise your daily limit. But if you don't need tons of cash, that isn't necessary.

suze

Ask your home bank your daily withdrawl limit then go to www.xe.com and translate to euro. There you have it ;-)

LoveItaly

I have had the same experience as Neo..it hasn't mattered what my local bank limit is regarding an ATM withdrawal..it has depended on what the maximum limit is for the ATM in Italy.

lobo_mau

300 euros in Portugal. It's possible to withdraw 300 at 23:39 plus 300 at 00:01

janisj

just to clarify comments from LoveItaly and lobo_mau: Even IF an ATM has a €200, €250 or €300 per-transaction limit, nothing prevents you from stepping to the next machine and withdrawing more (or sometimes re-using the same machine)

How much you can withdraw <u>in total</u> is determined by your daily limit w/ your own bank.

lobo_mau

Janisj, you are wrong, at least as far as Portugal is concern. The limit is 300 euros per card per day.
I don't know what happens in other countries.

janisj

Even in Portugal, if one goes to one bank's ATM and then to another bank's 1/2 a block down the street you can withdraw more - up to as much as your own bank allows per day.

That is what I meant by . . . &quot;<i>stepping to the next machine and withdrawing more</i>&quot;

lobo_mau

I think it's a good theory, but reality is different. There is a service provider called SIBS, property of all banks, that manages the whole ATM network. The service is uniform, whatever is the name branded outside that particular ATM machine.

ira

Hi S,

The dollar is worth approx 0.8E.

Matt_from_England

Hmnn, Lobo, are you sure you know what you're talking about? I mean, you are Portuguese? And live in Portugal? Janisj who says quite patronisingly &quot;That is what I meant by . . <i>stepping to the next machine and withdrawing more</i>&quot; talks of blocks and stuff so is obviously more knowledgable about Portugal than you are. I suggest you stop commenting on things you know nothing of and get back to the &quot;Things to do in and around Lisbon&quot; thread where you belong...

Christina

hmmm, I didn't think that was patronizing, just clarification. I think janis and lobo are both really saying the same thing, and aren't in disagreement. I think they are both saying that you can withdraw 300 euro per card per day if that is your personal bank's limit, and that this total can be from two different machines, if necessary (ie, 200 and 100 euro).

As a related thought, I am American but would have no idea in the world what every ATM machine and every bank's ATM card in the US did. So being a resident of one country doesn't mean you are omniscient about everything in that country. Heavens, there are zillions of Americans who don't even know about ATM charges or limits in the US.

lobo_mau

You are almost right Matt. I assumed that Janis Jopling was a Lady, and therefore she can't patronize. All she can do is matronizing.

seeksocean

Okay, back from my travels and here's a cute one! With my ATM card at hand, I stepped up to the CDG Airport ATM and to my horror, the keypad was all numbers!!!

When I aquired said ATM card in the States, I made my pin in letters, not numbers. So, in a jet-lagged haze, I sat down and drew the keypad to a telephone, thereby unlocking the numerical pin code that allowed me to get some Euro and get on with my trip.

All through Europe ATM machines have numerical keypads only...so be aware, those of you with clever alphabetical pin codes!