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Argentina Banks Post September ATM Cash Limits as Cardless Withdrawals Emerge

Caps are tied to customer tier, with increases available through mobile apps.

Overview

  • Published examples include Banco Nación at $150,000 per day extendable to $500,000, Banco Provincia at $400,000, Banco Ciudad at $800,000 with an option to lift to $1,200,000, BBVA at $2,100,000, and Santander up to $1,000,000 depending on client category.
  • Banks say many customers can raise their daily ATM ceiling through home banking or mobile apps, with availability varying by profile and institution.
  • El Cronista reports that some ATMs are set to add NFC readers for phone-based, cardless cash withdrawals, citing a rollout announced by Chase, with timing and local deployment still undefined.
  • Crónica details higher ARCA reporting thresholds under the Plan de Reparación Histórica de los Ahorros, including a new total reporting trigger of $50,000,000 for individuals and transfer and withdrawal thresholds rising to tens of millions of pesos.
  • Consumers are reminded that if an ATM retains a card it is stored securely, and recovery should be requested through bank staff or by contacting the Link or Banelco network with the transaction ticket.