[Tagging] transaction parameters for ATMs
Colin Smale
colin.smale at xs4all.nl
Thu Feb 14 08:01:16 UTC 2019
On 2019-02-14 08:35, Joseph Eisenberg wrote:
> I'm surprised to hear this about ATMs in Europe.
>
> In Southeast Asia and in the USA, usually the ATM will only allow a certain max withdrawal. It's also uncommon to have more than one denomination (though some do have 2 types).
>
> Perhaps this tag can't be used in all countries, but it could still be useful in places where the ATM itself has a max withdrawal limit.
The ATM itself does have a maximum withdrawal amount. Apart from any
financial limits it will have a limit on the number of notes to be
issued in a single withdrawal (typically 40), as there are mechanical
limitations within the device. The maximum amount is therefore
determined by the cassette mix and should not be expressed as a currency
amount.
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