I know at least ATMs have an set limit of how much you can withdraw at a time. DO most bank drive-thru windows have this as well? And if so what’s the most about average?
Categories
Thinking of investing your savings?
While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.
Where to start?
If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.
3 Comments
Usually when you go to the bank in person you can withdraw any amount up to the amount you have on deposit. If you are withdrawing more than $10,000 in cash you will be required to fill out some paperwork as a result of laws designed to reduce money laundering, illegal drug traffic, funding of terrorist activities, etc.
If you are doing the transaction in person whether through the drive thru or in person there is no limit. The reason that they limit ATM withdrawals is to maximize the number of customers that can be helped before servicing the ATM.
there are bank drive thrus? lol