Canadian ATM banking question...?

Question

I just wondered if anyone knew what at what time the daily banking limit resets? I have to withdraw more money and it's now past midnight so I wondered how soon I will be able to do so as I had already reached my daily limit earlier today. Thanks!

Answer 1

I am most certain it resets in midnight.

Answer 2

Often it is at midnight, I was under the impression however that some banks have it set so that each withdrawl resets the 24 hour countdown (ie. take out $500 today at 3:00pm and you now have to wait 24 hours, or 3:00pm tommorow, to take out more money).

Easiest way is to give your bank a call on the 24 hour number on the back of your card. If it is an emergency they may be able to increase your withdrawl limit right there and then.

Good luck!