Going into a bank and withdrawing using a Debit Card

jimmycr1 says on Jul 20, 2009, 11:19:

I can't comment directly on this but...once in the Dominican Republic I used a debit card to withdraw $1000. I went to the teller, told her what I wanted to do, gave her my debit card and passport. She made copies of both, made me sign both, then ran my card. When she brought me back the cash, I also had to sign the receipt. As long as you have proper ID and available funds, I don't think you will have a problem.

jimmycr

The love of my life is in Barranquilla!

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drvannostren says on Jul 20, 2009, 11:20:

Yes, the most I've ever been able to take out at an ATM was 400,000, which is kind of stupidly low, making myself feel a bit rich, most only let you take 300,000. That being said, if you go INTO the bank, in my experience I wasn't allowed to take money out. The ATM at AV Villas was out of service, so I went in with my atm card to take money out and she said she couldn't do it, that i'd have to find another atm somewhere.

No matter where you go, the Korean tour bus isn't far behind.

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cvivaspoorbuthappy says on Jul 20, 2009, 11:29:

I tried this at Davivienda and they said they could not do it, if you do not have a limit on the US bank account, just make several 400k withdrawals.

CV

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stephen_aubrey says on Jul 20, 2009, 11:31:

At Citibank( in Bogota anyways I know for sure) I can withdraw 2,000,000 cop per withdraw at the bank machine with my debit card.I can do this two times per 24 hour transaction.This daily limit was set up with my bank in my home country.I do not have a Citibank account I just use their machines. This costs me nothing as well because if I have certain amount of money in my account the fees are waived.Evey other bank machine besides Citibank I have found here is 400.000 per transaction.

Note if there is money in the machine to allow transaction,if there is only twenties left in the machine the most it will give is 700.000.But this is usually on a Sunday or holiday.

Your last post was "How to have a good time in Bogota for minimum money ?????"so why this question of large dollar amounts.

" Most people talk a lot, few are up for the moment"

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Bill Turley (Moderator) (Trustee board) (☼Travelguide writer) says on Jul 20, 2009, 11:38:

mandotech says on Jul 20, 2009, 12:17:

To Sephan --- I am in Bogota for 23 days. So this amont is not a lot. By the way, I am still looking for more ideas on how to have a fun time in Bogota for minimum money -- with family and fiance.

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stephen_aubrey says on Jul 20, 2009, 12:22:

Ok got you,if you want to minimize the transaction fees than yes Citibank here no problem with the one time withdraw of this amount.
If I go under my minimum dollar limit in my bank account, my bank charges me $5 dollars per transaction and that can add up after awhile.

If the citibanks tells you do not have enough funds in your account to withdraw 900.000 and can only withdraw 700.000 it is a lie, it is because the machine is low on money and nothing to do with your account just cancel out and go back the next day and try again so you can get it all in the one transaction.

" Most people talk a lot, few are up for the moment"

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stephen_aubrey says on Jul 20, 2009, 12:41:

You try to help a guy out Johnny and still not enough, I just don't get it.

" Most people talk a lot, few are up for the moment"

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getting better says on Jul 20, 2009, 14:48:

I have done this in Bancolombia about 2 years ago on a visa debit card. It takes about 40 minutes because you have to wait while a supervisor rings up to get authorisation, and then queue up at a different counter to collect the money. They are quite polite but they keep you waiting a bit to discourage you, I do not think they really like it. I think I got something like 2 million pesos.

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CrazyGringo says on Jul 20, 2009, 17:57:

If you have a citibank acct: the fee is .03 % to withdrawl. the fee is waved if you have $25,000.00 in your account.

CrazyGringo

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youngman says on Jul 20, 2009, 18:39:

I go to the Citibank and get 2 million also..if they are out of 50's ...and they are a lot...think of that ......they run out of $20 bills(US)..thats not a lot of money.....but anyway..they will give you 800,000..not 700,000 as somone above posted...I think HSBC will give you more too....My bank charges me $5 us for each transaction so the more the merrier.....

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stephen_aubrey says on Jul 20, 2009, 19:07:

I stand corrected 800.000 not 700.000 if out of 50's ,it only happened one time a few months ago, sorry i was off by $50dollars.

" Most people talk a lot, few are up for the moment"

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scumbuster says on Jul 21, 2009, 05:17:

My wife and myself both can take $500. per day US. If your withdrawing another currency, it will give you cash in the local currency until you hit that limit. This limit is set by your home bank not the machine you use. Also if there is a fee, it is from your bank. Many US cards are free to use in the US but as soon as you use them internationally they hit you with a big fee. Check with your bank on international ATM charges. National Interbank doesn’t charge any international ATM fees. You can sign up online. Its a little pain as you need to mail deposits but we only use it when we travel so it isn’t bad. Just send a check for deposit before your trip. Many machines in Colombia have a 400.000 limit but you can use your card multiple times per day until you hit your daily limit.

Tomas Jefferson “When the people fear their government, there is tyranny; when the government fears the people, there is liberty.”

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davidslc46 says on Jul 21, 2009, 14:12:

Citibank ATM will let you take out 1 million in one transaction per day with debit card account from other US bank.

David

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stephen_aubrey says on Jul 21, 2009, 16:35:

Citibank ATM gives me 2 million per transaction with my TD card I can do this 2 times per day ,the limit per day was set up by my bank,I suspect your daily limit set with your banking institution is $500 dollars and has nothing to do with Citibank limiting you.I just took out 4mil today from a Citibank ATM here in Bogota with no problems.

" Most people talk a lot, few are up for the moment"

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davidslc46 says on Jul 21, 2009, 18:43:

I have always been told that in an effort to curb robberies Colombia will not allow banks to give more than 1 million COP per 24 hour period. All of the different banks in Colombia limit me to 1 million, but citibank is the only ATM where I can do it in one transaction instead of three. My prepaid Credit Card has no restrictions and give 2 million per transaction at citibank.

Maybe it is my banks limit though as you seem to get the same as I get with my credit. I can pull out 10 million ( or more, i just have not tried ) in 5 transactions with the credit card.

David

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