What is the difference between the withdrawal limit and the purchase limit? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is the difference between the withdrawal limit and the purchase limit?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

These are two different operating limits, and the bank may set a separate value for each.

Key points

  • Review the limits before a large transaction.

  • There may be separate daily and monthly limits.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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