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Marcelyn

Money Withdraws from Banks (ATM Transactions)

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Anyone know why banks now allow only $200 to $250 withdraws but still charge a $5.25 per transaction fee. True of all banks or which ones in Boquete? Allow only one withdrawal per day?

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Have no idea of policy's here re the ATM.

My experience yesterday was my debit card transaction was refused 3 xs at Super Baru ATM Machine. An Employee confirmed that the machine was working. I was attempting, as usual, to withdraw $500 from my bank in the US"s daily limit. Went home worried about something wrong with my bank account. I checked... and All looked OK. I later viewed some info from others that it had happened to them too, so I was relieved.

My bank pays back the fees. I will check on Monday to see if I can get cash, and if I need to go to more than one machine. This is all I know at this point.

Wondered if others had more experience and information?  Thanks.

 

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Global  Bank has never limited my withdrawls. My bank in the U.S. limits me to ONE withdrawl per 24 hrs with USA debit card and a fee is charged. If I use my USA debit card it WILL NOT give me my $500 limit because of the transaction fee puts me over my limit. Now that is just crazy. So, I withdraw less... I hardly EVER use my USA. I just drop an american check in my Global Bank account once a month.

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On 5/16/2020 at 7:28 PM, Erin Ross said:

Have no idea of policy's here re the ATM.

My experience yesterday was my debit card transaction was refused 3 xs at Super Baru ATM Machine. An Employee confirmed that the machine was working. I was attempting, as usual, to withdraw $500 from my bank in the US"s daily limit. Went home worried about something wrong with my bank account. I checked... and All looked OK. I later viewed some info from others that it had happened to them too, so I was relieved.

My bank pays back the fees. I will check on Monday to see if I can get cash, and if I need to go to more than one machine. This is all I know at this point.

Wondered if others had more experience and information?  Thanks.

 

Hi... was able to get $500 out today from US bank. At same ATM I had trouble with on Fri.

On Monday person in Banco General told me it was a temporary ATM system problem.

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Posted (edited)

When all else fails reduce to amt down to $200. We have two card so 2 withdrawals at $5.50 each.   That's what we have had to do since our usual writing a check off our USA bank to deposit to Multibank is no longer an option. Bill will go to Scotia tomorrow and attempt a check written off our USA bank...see if we can accomplish that in that we have an account there as well.  Just have to go with the flow....

Edited by Brundageba

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They seem to be working again.  I don't know what happened, but it was a widespread problem.  The banks wouldn't explain the problem or even give notice of it, which was an additional frustration.

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