Introduction
DBS Bank is one of the largest banks in Singapore, with over 400 branches and ATMs islandwide. DBS ATM withdrawal limit per day is an important consideration for customers who need to withdraw large sums of cash. In this article, we will discuss the DBS ATM withdrawal limit per day, as well as the fees and charges associated with ATM withdrawals.
DBS ATM Withdrawal Limit Per Day
The DBS ATM withdrawal limit per day is S$20,000. This limit applies to all DBS ATMs in Singapore. However, customers may be able to withdraw more than S$20,000 per day if they have a DBS Premier or DBS Treasures account.
DBS Premier Account
DBS Premier customers can withdraw up to S$50,000 per day from DBS ATMs.
DBS Treasures Account
DBS Treasures customers can withdraw up to S$100,000 per day from DBS ATMs.
Fees and Charges
There are no fees charged for DBS ATM withdrawals. However, customers may be charged a fee if they withdraw cash from a non-DBS ATM. The fee for non-DBS ATM withdrawals is S$5.
Common Mistakes to Avoid
There are a few common mistakes that customers should avoid when withdrawing cash from a DBS ATM. These mistakes include:
- Withdrawing more than the daily limit.
- Withdrawing cash from a non-DBS ATM.
- Using a damaged or counterfeit ATM card.
- Entering the wrong PIN.
How to Withdraw Cash from a DBS ATM
Withdrawing cash from a DBS ATM is a simple and convenient process. To withdraw cash from a DBS ATM, follow these steps:
- Insert your DBS ATM card into the ATM.
- Enter your PIN.
- Select the “Withdrawal” option.
- Enter the amount of cash you want to withdraw.
- Confirm the withdrawal.
- Take your cash and receipt.
Pros and Cons of Using a DBS ATM
There are several pros and cons to using a DBS ATM. These include:
Pros
- Convenient and accessible.
- No fees for DBS ATM withdrawals.
- High daily withdrawal limit.
Cons
- Fees for non-DBS ATM withdrawals.
- Daily withdrawal limit may be too low for some customers.
Conclusion
DBS ATM withdrawal limit per day is an important consideration for customers who need to withdraw large sums of cash. By understanding the DBS ATM withdrawal limit per day, as well as the fees and charges associated with ATM withdrawals, customers can avoid any surprises when withdrawing cash from a DBS ATM.
Additional Information
In addition to the information provided above, here are some additional things to keep in mind about DBS ATM withdrawal limit per day:
- The DBS ATM withdrawal limit per day is reset each day at 12:00 AM.
- Customers can check their available withdrawal balance by logging into their DBS online banking account.
- Customers who need to withdraw more than the daily limit can contact DBS customer service for assistance.
Tables
The following tables provide a summary of the DBS ATM withdrawal limit per day, as well as the fees and charges associated with ATM withdrawals.
Table 1: DBS ATM Withdrawal Limit Per Day
| Account Type | Withdrawal Limit |
|---|---|
| DBS Savings Plus Account | S$20,000 |
| DBS Premier Account | S$50,000 |
| DBS Treasures Account | S$100,000 |
Table 2: Fees and Charges for ATM Withdrawals
| ATM Type | Fee |
|---|---|
| DBS ATM | No fee |
| Non-DBS ATM | S$5 |
Table 3: Common Mistakes to Avoid When Withdrawing Cash from a DBS ATM
| Mistake | Description |
|---|---|
| Withdrawing more than the daily limit | May result in a penalty fee. |
| Withdrawing cash from a non-DBS ATM | May result in a fee of S$5. |
| Using a damaged or counterfeit ATM card | May result in the card being confiscated. |
| Entering the wrong PIN | May result in the card being blocked. |
Table 4: Pros and Cons of Using a DBS ATM
| Pros | Cons |
|---|---|
| Convenient and accessible | Fees for non-DBS ATM withdrawals |
| No fees for DBS ATM withdrawals | Daily withdrawal limit may be too low for some customers |
| High daily withdrawal limit |
