Restriction On Cash Withdrawls From BBVA ATMs

[Carl]

Apparently restrictions have been put in place limiting withdrawls from BBVA atms to €50 (per day ?), not that there are many places where you could spend it at the moment.

This is quite an interesting decision as I think this type of restriction is normally put in place when there is a run on the bank or fear of a run on the bank, but probably given the situation with coronavirus it is due to problems/potential problems in refilling the atms.

[Retire1day]

People are withdrawing larger amounts. Stockpiling.

[jimny1]

Good news for burglars then

[Adey]

Apparently restrictions have been put in place limiting withdrawls from BBVA atms to €50 (per day ?), not that there are many places where you could spend it at the moment.

This is quite an interesting decision as I think this type of restriction is normally put in place when there is a run on the bank or fear of a run on the bank, but probably given the situation with coronavirus it is due to problems/potential problems in refilling the atms.

Do you have a link to this information, I can't find anything on the net.

[Carl]

Apparently restrictions have been put in place limiting withdrawls from BBVA atms to €50 (per day ?), not that there are many places where you could spend it at the moment.

This is quite an interesting decision as I think this type of restriction is normally put in place when there is a run on the bank or fear of a run on the bank, but probably given the situation with coronavirus it is due to problems/potential problems in refilling the atms.

Do you have a link to this information, I can't find anything on the net.

There was signs up at the BBVA branch in Villamartin this morning according to a friend who went to use the ATM. Maybe it is a local issue specific to that branch ?

Just worth also adding that BBVA are temporarily suspending charging their customers fees when making withdrawls from ATMs of other banks.