Yesterday I did a counter withdrawal of $5,000 from my Wells Fargo bank account. Would I be allowed to do another counter withdrawal today?
- STEVEN FLv 710 months ago
As a rule, the limit on counter withdraws is the balance of your account.
Even though there are requirements to report large cash transactions to the government, there is no LEGAL limit on the size or frequency of such transactions.Source(s): Annual bank compliance class.
- Casey YLv 710 months ago
They really don't care.
HOWEVER...if this is really out of the ordinary for your account, you might end up getting flagged and your information passed off to the authorities.
Nothing illegal about withdrawing your own money, but these quantities raise red flags.
- ErikLv 710 months ago
Yes, of course. It's not like a bar where they will say "Don't you think you've had enough?"
- RichardLv 710 months ago
You can, as long as your account has a large enough balance to cover it.
However, a few banks have a limit on the number of withdrawals you are allowed to make.
- How do you think about the answers? You can sign in to vote the answer.
- A HunchLv 710 months ago
Contrary to populate belief banks don't keep hoards of money in branches. Most banks require a few days notice for withdrawals over $3000.
- you can attempt to do another withdrawal today but don't be surprised if they say "not enough cash on hand".
You may have better luck going to a different local branch instead of the same one you went to yesterday.
- SlickterpLv 710 months ago
You can withdraw as much as you want every single day, up to the entire balance of your account.
- JJLv 510 months ago
Yes, you can make another counter withdrawal
- Beverly SLv 710 months ago
It's your money... going inside a branch they should never deny or limit a withdrawal.. On ATM's some do limit.
- Jake No ChatLv 710 months ago
It is your money, get it when you need it.
- Lapiz DominoesLv 710 months ago
I doubt that.
But you could try an ATM if you have money in the account - it will work in my experience (U.K>)