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Old 04-08-2014, 03:19 PM
 
Location: North West Northern Ireland.
20,695 posts, read 18,611,524 times
Reputation: 3107
Quote:
Originally Posted by jtur88 View Post
In the USA, $500 is usually the withdrawal limit, a few are higher, and some in bank lobbies are lower, to discourage non-accountholders from using them.

I never take less than $500, because the fee is the same no matter how much I take. It is always 20s, but a few machines in ghettos also give tens. Then I have to go to the teller anyway, to change the wad of 20s into 100s, and they often don't even have any 100s at the teller windows.

In America, a $100 bill is a rare and suspicious piece of paper, that many stores (such as gas stations) refuse to accept, even a few years ago when it cost nearly $100 to fill up a SUV, you still had to pay in 20s. A $50 bill is even rarer, most people have never seen one.
We never have a limit.
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Old 04-08-2014, 03:20 PM
 
Location: North West Northern Ireland.
20,695 posts, read 18,611,524 times
Reputation: 3107
Quote:
Originally Posted by burgler09 View Post
I take out 200,000pesos which is 400 USD. It comes in denominations of 10,000 pesos. Very rarely do I have to do this. Only if I accidentally forget my cash at home.

Here, the bills do not go above 20,000 pesos.
Thats really confusing. It makes it look more than its worth.
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Old 04-08-2014, 03:23 PM
 
Location: North West Northern Ireland.
20,695 posts, read 18,611,524 times
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Quote:
Originally Posted by Ariete View Post
20€ is the smallest note and amount that can be withdrawn, and many ATM's have only 20's and not 50's at all. There were some machines that gave out 10's, but they didn't turn out to be successful.

So I usually take 40 or 60€. The withdrawing fee is always 50c, so better to take a bit more, but on the other hand I don't want to go around with a lot of cash.

200 and 500€ bills are totally useless if encountered somewhere, as it is hard to get rid of them. Many stores don't accept them at all.
No withdrawing fee.
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Old 04-08-2014, 03:24 PM
 
Location: San Francisco
9,033 posts, read 8,384,183 times
Reputation: 5652
Quote:
Originally Posted by Mac15 View Post
Thats really confusing. It makes it look more than its worth.
I visited Turkey before they redenominated their currency, and once withdrew 500,000,000 lira (about $250) from an ATM. For a brief moment I felt very rich.
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Old 04-08-2014, 03:29 PM
 
Location: North West Northern Ireland.
20,695 posts, read 18,611,524 times
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Quote:
Originally Posted by pch1013 View Post
I visited Turkey before they redenominated their currency, and once withdrew 500,000,000 lira (about $250) from an ATM. For a brief moment I felt very rich.
Ahaha.

I don't like carrying cash. Its not even that it can be stolen, you can easily lose it.
So I prefer the card although I don't like this contactless payment thing.
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Old 04-08-2014, 03:32 PM
 
Location: Viña del Mar, Chile
16,416 posts, read 25,235,686 times
Reputation: 16469
Quote:
Originally Posted by Mac15 View Post
Thats really confusing. It makes it look more than its worth.
How?

It's basically the same as the US dollar, it is only missing an equivalent to the 100 dollar bill.
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Old 04-08-2014, 03:33 PM
 
Location: North West Northern Ireland.
20,695 posts, read 18,611,524 times
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Because £20,000 is quite alot of money to make on one payment for a typical person.

It could get a new BMW I suppose.
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Old 04-08-2014, 03:34 PM
 
Location: Viña del Mar, Chile
16,416 posts, read 25,235,686 times
Reputation: 16469
Quote:
Originally Posted by Mac15 View Post
Because £20,000 is quite alot of money to make on one payment for a typical person.

It could get a new BMW I suppose.
I said 20,000 pesos
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Old 04-08-2014, 03:36 PM
 
Location: North West Northern Ireland.
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Yes... It looks like £20,000 thats why I said its confusing.
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Old 04-08-2014, 03:38 PM
 
Location: Gatineau, QC, Canada
3,402 posts, read 4,236,588 times
Reputation: 4399
Can't pull out less than a $20 here in ON. 50s are common, 100s not so much. I think the limit is usually around 500 dollars.

I rarely take cash out. I don't get charged for debit payments with my bank, so why not let all that would-be change build up in a place that isn't dedicated to just coffee and snacks?
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