do you think banks will be open on Monday? How soon before they limit how much you can withdraw in person? ATM’s always had limits I think.
No body is going to invest in Cyprus and it can forget about a Russian bailout.
Curious too on the Sunday Futures. Most like red but by 10am Uncle Ben will pump big time.
It’s not the ATM with a limit. Your card has a daily limit. You can ask the bank to increase it. They may or may not change it. The cash limit default is usually $300 a day.
Your card has the limit.
But, in this case, the ATMs have already run out of money. Most banks that were open Saturday in Cyprus closed early. So essentially there has already been a “bank run,” but it was conveniently limited by the ATMs capacity.
Plus the banks are closed on Monday per the article.
Yeah suprised to learn when I switched to Wells Fargo there is a 300 atm limit.