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Are there any daily limits on the ATM and POS (merchant) dollar amounts or number of transactions?

April 26, 2017amounts ATM dollar limits merchant pos transactions

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Are there any daily limits on the ATM and POS (merchant) dollar amounts or number of transactions?

1 Answer

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The system’s pre-set default limits are $900.00 per day at ATMs and/or 2 ATM transactions per day. The POS or merchant spending limit is $5000.00 per day. The combined ATM and POS (merchant) maximum limit is $5000.00 per day. There are no limits on the number of POS (merchant) transactions per day.