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  • 21-07-2022
  • English
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why is it that i have a daily limit?

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francocanacari
francocanacari francocanacari
  • 24-07-2022

In banking matters, all people have a maximum daily limit for withdrawing money via ATMs.

ATM's

This is so, fundamentally, because ATMs do not have a direct link with the treasury of each bank at the time of withdrawal (as money withdrawals via counter at the bank branch do).

Thus, if there is no daily limit, ATMs could run out of enough money to supply the demand of all potential customers who require cash.

Learn more about ATMs in https://brainly.com/question/3971597

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