How much money can you withdraw from a Banco Sabadell ATM in one day?

Criticism is coming to an end. currently, Virtual transfersPayments with Card And services like Bizum And PayPalreplaces the use of bills and coins.

This trend brings with it new questions about the maximum amount of cash allowed to be withdrawn from ATMs in Spain, especially in a context in which the fight against corruption has become more serious. Tax fraud and money laundering The authorities intensified it.

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Currently, it is possible to extract Up to 3000 euros In a single ATM transaction Without having to provide clarifications to the Tax Authority. However, following the Treasury’s proposals, banks are generally requesting an explanation of the reason for withdrawals that exceed the permissible maximum 1000 eurosAs a measure to stop criminal acts, although by law there is no specific limit for cash withdrawal.

If the user wishes to make withdrawals exceeding €3,000, he must organize this directly with his bank and will likely have to provide an amount justificationwhich will be sent to everyone Tax agency Likes Bank of Spain.

Likewise, when depositing money into a bank account, a limit of €3,000 applies as the maximum amount allowed without the need for justification, regardless of whether it is a one-time or recurring deposit. These restrictions are imposed by Tax Fraud Prevention Act.

As an additional measure, banks impose a Daily limit Whether to withdraw cash or make payments in commercial establishments, it is applied to each card as a security measure. This limit, which typically ranges from 200 to 2,000 euros per day, seeks to minimize potential damage in the event of theft. In this case, cardholders can adjust this limit as they deem necessary.

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In case Bank of Sabadell, the financial institution has set a limit for withdrawing funds at €600 per day from its ATMs. Therefore, the company warns that if you need to withdraw a larger amount of money, you should do so Consult the bank in advance.

Banco Sabadell’s limit is the lowest among all banks. They follow him Bannenter And Ibercaja A maximum of 1000 euros per day and openbankWhich allows you to withdraw up to 1,200 euros.

On the other side, PBVA It is allowed to withdraw up to 2,000 euros per day, while Direct ing This amount increases to 2,500 euros Santander Bank It is allowed to withdraw up to 3,000 euros per day.

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CaixabankHe has a limit 1200 euros For each transaction, And AbancaFor its part, it offers two different withdrawal thresholds, with a maximum of 1,000 euros For every transaction And a Daily limit From 2000 euros.