In our guide today, we will show you the Landbank ATM withdrawal limit in the Philippines.
When you open a Landbank account, you are granted a Landbank Cash Card.
This electronic debit card utilizes the stored value system and operates on magnetic strip technology and PIN-based protocol.
The card can be used in ATMs to withdraw cash from your account.
What Is The ATM Network
The bank has over 1,400 ATMs nationwide.
Landbank uses Megalink and BancNet ATM systems for easy and more convenient withdrawals.
You can withdraw from over 14,000 BancNet ATM systems within the Philippines.
This is the Landbank ATM network in the Philippines.
Why Landbank ATM Transaction Limit
ATMs can’t hold a lot of cash at once so having an ATM withdrawal limit regulates the amount contained in the ATMs.
Keeping less money in the ATMs mitigates potential theft.
This also protects your account from being wiped clean if your card and PIN are compromised.
Withdrawal limits also ensure that all customer needs are met without compromising another client.
These are why Landbank has put in place ATM withdrawal limits in the Philippines.
Landbank ATM Withdrawal Limit
The Landbank daily ATM withdrawal limit is P50,000.
You can only withdraw a maximum of 10,000 PHP per transaction.
The limit also applies when you withdraw cash from overseas.
You need to maintain an ATM balance of Php 100.00.
This is the landbank ATM transaction limit in the Philippines.
What Time Do The Landbank ATM Daily Limits Reset
The daily Landbank ATM transaction limit resets at midnight.
If, for example, you wanted to withdraw 10000 PHP, you could take out 50,000 PHP at 11:57 pm and then another 50,000 PHP at 12: 01 a.m.
You will manage to cross over the daily limit and withdraw the intended cash without a hassle by doing this.
This is all the information about the Landbank ATM withdrawal limit in the Philippines.
Check the related ATM guides below:
American Express, DBS, Varo, Kotak, DCU, Canara, Chime, USAA, Discover, Venmo, Bank Of The West, Karnataka Bank, Woodforest, KVB, Arvest, Charles Schwab, YES Bank, ICCU, Tangerine.