In times of increasingly developed digital banking, access to physical cash remains crucial for many Poles. Despite the increasing popularity of non-cash payments, BLIK transfers or close-up transactions, there are inactive situations where paying out a larger sum of ATM money is essential – whether for renovation, acquisition of a utilized car or private billing. However, the problem arises erstwhile the expected amount is not in hand. It turns out that withdrawal limits from ATMs are not uniform and depend on a number of factors – both on the user's side and on the device itself.
Contrary to appearances, the limitation is not just the amount of funds in the account. In fact, the amount of a single or regular cash withdrawal from an ATM depends on at least 3 key elements: limits set by the bank, method limitations of the device and rules set by the ATM operator. Let's go over what it looks like in practice.
Daily and method limits – what does it truly decide to pay?
Each banking user has a alleged regular limit on cash operations. This is usually the default amount that in most banks is from 2 000 PLN to 10 000 PLN per day. What's important, the client has the right to change this limit – both in mobile application and on hotline or in bank branch. any individual customers, especially those operating in premium segments or having company accounts, can set limits far higher – reaching even 20 000–30 000 PLN per day.
However, the account limit itself is not everything. Many people find it hard to pay a large amount in 1 transaction. The problem lies in the limitations of ATMs alone. Most devices in Poland spend 20 to 40 banknotes once, which means that even if individual has a advanced adequate limit and funds on their account, they will not retreat more than the value of these banknotes in 1 operation. For example, if an ATM only spends banknotes 100-gold, the maximum single payment amount shall be PLN 4,000. However, if it supports 200-gold denominations, theoretically you can receive up to PLN 8,000 1 payment.
Differences between ATMs: Network matters
It's worth knowing not all ATMs operate on the same terms. On the Polish market, there are facilities owned straight by banks (e.g. PKO BP, Santander, ING) and those operated by independent companies specified as Euronet or Planet Cash. It is the independent network ATMs that frequently impose additional restrictions.
Euronet, the largest independent ATM operator in Poland, applies withdrawal limits, which are set individually for individual cards, but besides for the device itself. Since 2023 Euronet has introduced a fresh way of paying out larger amounts – alleged progressive payment, which means that larger amounts must be paid in respective stages, each of which may affect an additional commission or confirmation of the transaction. In practice, 1 Euronet ATM will usually not pay more than PLN 5 000No substance what limits our bank has.
In turn, banks' own ATMs – specified as those belonging to Bank Pekao or ING – may have somewhat more flexible limits, but are besides limited by method capabilities of the device. Some older kind machines do not issue 200 zł banknotes, thus the maximum one-off payment may be lower, even if theoretically higher.
BLISTER AND ATM: alternate with limitations
A separate case is withdrawals by means of BLISTER – an increasingly popular method in Poland, which allows to retreat cash without utilizing the card. Although this is simply a convenient option, there are limits here. In most banks, the regular distribution limit of BLIC is from PLN 500 to PLN 3,000it depends on your account and bank settings. Importantly, BLIC withdrawals are frequently impossible for any abroad ATMs or machines unrelated to the network.
How to effectively pay more money?
If more cash is needed, the best solution remains visit to the bank branch and making the withdrawal available. However, it should be borne in head that in many institutions a prior notification of specified an operation is essential – especially if the amount exceeds PLN 20,000. The bank may request between 1 and 3 working days to prepare the funds. In emergency situations it is worth to usage respective withdrawals in different ATMs – remembering that some banks charge commissions on withdrawals from abroad devices.
Hidden costs: commissions and conversion rates
When paying out larger sums from an ATM, it is besides worth remembering the possible charges. Although many banks offer free withdrawals from “own” ATMs, the usage of another operators' machines can be charged – from PLN 5 to even PLN 10 per transaction. peculiar attention should be paid to abroad withdrawals – there, in addition to commissions, may happen adverse conversion rates or additional fees of the alleged DCC (Dynamic Currency Conversion)which can increase the transaction cost by up to a fewer percent.
In summary, the maximum amount of cash that can be paid from an ATM in Poland is usually from PLN 3,000 to PLN 10,000 per daybut in practice a single payment seldom exceeds PLN 4,000-5 000and frequently lower due to technical limitations of the ATM or operator network. Persons planning to pay a larger amount should:
- check the limits set in net banking or application,
- use an ATM issuing 200 zł (if available),
- whether or not to consider a visit to the bank after an appointment.
Paying out more cash present is an operation that requires more planning than a fewer years ago. The increasing method and safety constraints make access to cash in large amounts from the ATM becomes increasingly hard – although inactive possible.
Continued here:
How much cash are you truly gonna retreat from the ATM since July 1st? Here's the maximum amount
