Basically, banks limit the daily atm withdrawal of their customers. The reason is for security against fraud, robbery or to avoid financial catastrophe. Bank of the Philippine Islands (BPI) on the other hand also limits the daily ATM withdrawal capacity of each client. So, if you're a BPI accountholder, you must know the maximum ATM withdrawal limit per day of BPI in order to avoid inconvenience.
There are times when you need to withdraw more than Php 40,000 from a BPI atm (machine) in a day. But you cannot do so because BPI limits the ATM withdrawal per day. How much is the maximum withdrawal limit per day in BPI ATM?
According to BPI, you can only withdraw using your BPI ATM card (e.g. Express Teller) up to Php 20,000 per day.
So, you cannot withdraw above Php 20,000. But you can request to increase this limit if you want to. Let's say, increase it to Php 50,000. Just ask your branch of account. There is a certain deposit requirement in order to be allowed to increase your withdrawal limit.
If you want to withdraw more than Php 20,000, you must go over-the-counter.
Withdrawal in a BPI atm machine is free of charge. You can shop up to Php 100,000 using your BPI Express Teller ATM to Express Net, Bancnet and Megalink affiliated establishments.
Like any other banks, BPI implements withdrawal daily limit to minimize the risk of fraudulent atm transactions.
- Be aware of the charges if you withdraw all the money from your BPI atm account. You will be charged with below maintaining balance fee if your balance will fall below the required maintaining balance.
- Apply for BPI's online banking service for easy monitoring of your BPI accounts.
If you are a BPI accountholder, do you find it too small for Php 20,000 as daily atm withdrawal limit? Do you want BPI to increase its withdrawal limit of their ATM transaction?