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Argentina Banks Roll Out New ATM Withdrawal Caps and Off‑Network Fees in September

Off‑network withdrawals can now incur commissions of up to 5,000 pesos per transaction.

Nuevo máximo en cajeros automáticos
Cuál es el monto diario que se puede retirar de los cajeros automáticos de los distintos bancos
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Overview

  • Updated daily cash limits took effect at the start of September, with examples including BBVA at $2,100,000, Santander at $1,000,000, Banco Ciudad at $800,000, ICBC at $550,000, Banco Provincia, Banco Galicia and Banco Macro at $400,000, and Banco Nación at $150,000.
  • The central bank authorized commissions on withdrawals at other banks’ ATMs up to a 5,000‑peso cap, and published schedules show examples such as Banco Galicia at $5,000, Ualá at $3,500, Santander at $3,125, BBVA at $2,700 and Banco Nación at $2,292.95 on same‑network machines.
  • Some institutions also list charges for using a different network, with reported examples including Banco Nación at $2,860.44 per withdrawal and Banco Galicia maintaining a $5,000 fee.
  • Withdrawal caps can vary by customer profile and, in many cases, can be raised or lowered through home banking or mobile apps.
  • Same‑bank ATM use often remains free for payroll, pension or social‑program accounts, while using another bank’s ATM may generate a fee even for non‑cash operations like balance inquiries or bill payments.