Cryptocurrency Q&A
How much cash can be withdrawn in one go?
How much cash can be withdrawn in one go?
SakuraSmile
Fri Jul 26 2024
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7 answers
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I'm curious to know, what is the maximum amount of cash that can be withdrawn in a single transaction? I'm looking to plan my finances accordingly and ensure that I'm able to access the funds I need in a timely manner. Is there a limit that's set by the bank or financial institution, or is it dependent on factors such as account balance and transaction history? I'd appreciate it if you could clarify this for me.
7 answers
CryptoAce
Sun Jul 28 2024
Indian banks have implemented varying withdrawal limits for cryptocurrency ATMs, a trend that reflects the diverse policies adopted by financial institutions in the country.
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SejongWisdom
Sun Jul 28 2024
The State Bank of India (SBI), for instance, imposes a daily withdrawal limit of Rs. 40,000, which is a moderate amount compared to other banks.
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Arianna
Sun Jul 28 2024
On the other hand, HDFC Bank sets a more conservative limit of Rs. 25,000 per day, highlighting the bank's cautious approach towards cryptocurrency transactions.
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ShintoMystery
Sun Jul 28 2024
Canara Bank, on the contrary, offers a relatively higher limit of Rs. 75,000, potentially attracting customers seeking to withdraw larger amounts of cryptocurrency.
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SeoulSerenity
Sat Jul 27 2024
ICICI Bank stands out with its significantly higher daily withdrawal limit of Rs. 1,50,000, indicating the bank's openness to embracing the growing cryptocurrency market.
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