How Do I Change My ATM Withdrawal Limit. ATM withdrawal limit. When we first open an account in any bank in Malaysia, some bank will ask for our preference on the ‘Cash Withdrawal Limit’, and some even set it to default (for eg. Maybank set it to RM1000 per day). This is set due to safety purposes (let’s say your wallet/purse gone missing, this ATM withdrawal limit can stop the founder’s usage in your card) and even for self-disciplinary method (for those spendthrift out there).
However, this feature also got its own obvious disadvantage especially when it comes to holiday season where we need to cash out quite a sum of cash via the Auto-Teller Machine (ATM). Of course we can withdraw limitlessly from the counter, but not all people could stand long queuing in bank.
This is what happened to me last week.
My Maybank account ‘Cash Withdrawal Limit’ was set to default – RM1000 per day. And it turns out that I need to cash out more than that on one particular day. So how do I change my ATM withdrawal limit?
 |
| ATM Withdrawal Limit |
Therefore, I went to search the ways on how to change the ‘Cash Withdrawal Limit’ via ATM. I tried changing the ATM withdrawal limit according to the instructions from the net and – voila! It’s done!
The following are the steps on how do I change my ATM withdrawal limit. Note that steps might be vary according to bank. These are among the widely used bank across the country.
MAYBANK
1. Insert your ATM card, choose your preferred language & key in your security PIN number.
2. In the pop up Menu, click on ‘Others’ and go for ‘Change Withdrawal Limit’ or ‘Change Transfer Limit’.
3. Choose among the pop up Menu ‘1000, 2000, 3000 …….’
4. Key in your Identity Card (IC) number for identification.
5. DONE!
CIMB
1. Insert your CIMB ATM card, choose your preferred language & key in your security PIN number.
2. In the pop up Menu, click on ‘Others’ and go for ‘ATM Card Related’.
3. Click ‘Change Withdrawal/Transfer Limit’
4. The limit depends on the type of account you hold which could be between RM5000 to RM10000.
BANK ISLAM
• As per May 2008, ‘Cash Withdrawal Limit’ for Bank Islam has been increased to RM5,000 or 5 transactions, whichever comes first.
• However, feel free to contact their hotline for further inquiries (603-26 9000)
I hope that this ATM withdrawal limit entry will somehow benefits you in any way. And remember- the next time you wanted to change your ‘Cash Withdrawal Limit’, don’t bother to queue in line at the counter (especially during holiday season). Instead, find your nearest bank’s branch and do it via ATM.
So this is how do I change my ATM withdrawal limit. Last but not least, don’t forget to spend wisely, and stay away from spending thriftily! Happy spending!
