Hey bunqers 🌈
Lately, we've noticed that the need for cash has decreased as people embraced safe and contactless payments. When looking at the usage of bunq cards, we noticed that most of you withdraw less than €250 daily. On the other hand, withdrawals higher than €250 are mostly related to cases of fraud. We are required by law to prevent fraud. Despite a lot of legitimate uses, cash is also used for illegitimate businesses.
After careful analysis of cash withdrawal data, we decided to lower the daily limit for withdrawing cash from ATMs to €250/ person (€500/ company) per day. Of course, we still support common payment transfer methods in case you need to send bigger payments. 🚀
Important: The daily limit is applied per account, not per card, meaning that your account’s total daily limit is €250 (€500 if company) per day.
This change is in effect since the 17th of June 2021.
If you want to learn more about your daily limits (including ATM withdrawals) you can do so here 🔎
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