Cash - ATM Limits

[Silent Arty!]

Iancu,

what you refer to is the credit-limit, that is on the credit-card itsself. I do this frequently, when I travel abroad and want to be on the safe side because my credit-limit is already half used up prior to the trip and I know a ton of hotel-bills is going to stretch it to the limit, then I either pay into my account to put the limit up that way, or I ask my credit-card company to increase the limit temporarily for that and that reason.

However, what I was speaking about, was the withdrawal-limit on the ATMs. And this is something, which is not under the control of the credit-card company. As mentioned, the banks in Germany have agreed on limits of, I think, 500,-

 

[Pompal 09.]

Very amazing. I had a trouble a few years ago with a bank and I found out that another bank (that was actually the mother company of mine) offered the possibility to double the amount of securities for a period of 1 or 2 months. This service is proposed in many banks.

Maybe not at Closer68's.

 

[gladewalker69]

Iancu,

not so simple.

There are indeed limits on the amounts that you can withdraw per day in Germany. This is done, amongst others, for "consumer-safety".

This applies definitely for EC-cards, which are not used in the US. But, asa far as I know, also Mastercards etc. are limited in the withdrawal-amount from ATMs usually 500

 

[Pompal 09.]

Thanks for your response. I have attempted this on a previous trip and was told that it's not possible. They have a hard $500 limit so as not to encourage kidnapping/thievery, etc.

 

[red_writer]

Thanks for your response, greatly appreciated. The issue with drawing it out in China is that I have to exchange Yuan for Euros once I get to Germany. The exchange folks will want their share, so I'm trying to avoid this. Obviously, this is my final fallback option and I'll rely on it if nothing else comes up. Not sure what you mean by 1500/money/world at all.

 

[ruckus1837]

Very simple : contact your banker and ask him to increase these limits.

 

[robot_hooker5]

Draw the money already during your stay in China.

I don

 

[svengali88]

I am American but am currently in China on business. I will be traveling to Frankfurt soon and just realized that there is a $500 daily limit on pulling cash out of an ATM. Since I will need roughly $1500 over two days, what is the cheapest and most effective method to accomplish this? Many thanks.