Is the cash withdraw limit e.g. £300.00 really the limit?

fablad75,
I assume that you are referring to monies in a single account. Halifax customers might well have ATM cards from 2 or 3 accounts.

Further to Afahmaep's post, are ATMs normally filled at the start of the business day or the end of it? And how often do they actually run out of money before the next refilling?

BallandChain wrote: »

I wondered if you withdrew a few thousand pounds in cash at the bank and then paid it in cash into a new account in a new bank, wouldn't the staff think it was suspicious even though it's your own money?

No. We've paid in over £3000 cash (all £50 notes) when we sold a car. The bank staff didn't say anything about it - they were just very careful whilst counting it.

p1an0player wrote: »

I think at the counter they might casually ask you where the money came from

I know what answer they would get from me ! casually,of course !

I actually paid in £10,000 in cash to the Nationwide recently - only comment, "would you like the envelope back sir?"!

silverhairedbabe wrote: »

Emma, you are a bloody idiot. as an employee of a financial institution you have a basic duty of care to safeguard your customers financial interests. how would you feel if your elderly parent was conned out of thousands by an unscrupulous person who convinced your mum or dad that money was owed to them, and some dippy bank teller gave your parent thousands on the basis of out of character cheques presented over the counter for cash hang your head in shame

Am I right in thinking tellers don't actually make up the rules....they only do as they are instructed? Nice that your first post here is an insulting one btw. Most of us here like to try to put our points over without resorting to name calling. At least at first.

Cahoot was always £500 atm limit which was great when their accounts had reasonable rates, but they're so low now that I never keep any money in there anymore.

I was told the type of limit that may be applied on over the counter withdrawals depends on size of branch. I have experienced widely different policies in Halifax in particular and this was a reason given.

With many banks you need to do the ATM withdrawal first. At Nationwide, for example, you can get £300 from the machine and then £500 from the counter. But if you withdraw £500 from the counter first you cannot get anymore money from the ATM for that day.