CASH withdrawals from ATMs will be limited depending on which bank you use as well as how much money is in your account.

Some have higher limits than others, so we explain how much you can withdraw from different banking societies’ cash machines.

 Cash usage is falling

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Cash usage is fallingCredit: AFP – Getty

Social distancing and lockdown has led to a huge number of cash machines being closed, that’s as well as people using contactless payments more.

There are approximately 60,500 ATMs in the UK currently and around 97 percent of withdrawals come from free-to-use machines.

But according to banking industry body UK Finance, 7.4 million Brits are living an “almost cashless life” – meaning ATMs are less in demand than ever.

How much can you withdraw from an ATM?

 The UK currently has around 60,500 ATMs

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The UK currently has around 60,500 ATMsCredit: Alamy

Lloyds and Halifax

You can withdraw up to £500 a day from a cash machine.

The maximum amount of cash you can withdrawal over a branch counter is £2,500.

Nationwide

For most Nationwide accounts the maximum you can withdraw per day is £500 at an ATM or in branch.

Barclays

Barclays will allow you to withdraw up to a maximum of £300 a day if you are a personal customer.

But Premier customers can withdraw up to £1,000.

And Business customers up to £750.

NatWest and RBS

How much you can withdraw if you bank with NatWest or RBS depends on the account you have.

Holders of Student, Graduate, Savings or Adapt accounts can all withdraw £250.00 a day.

Foundation, Select, Reward, Silver or Platinum account holders can take out up to £300.00.

If you have a Black account, the limit is £750.00.

TSB

Regardless of what account you have, the limit is a maximum of £200 each day.

Santander

With Santander you can withdraw cash up to £250 a day

For the Everyday Current Account, the limit is £300.

If you have a Santander Select Current Account, you can withdraw £1,000 in a single day.

HSBC

If you have an HSBC bank account the limit is £300, while HSBC Advance accounts can withdraw £500.

Clydesdale

With Clydesdale, the maximum daily limit is £350.

While there’s a big move to more online cash thousands of Santander customers have previously been locked out of the app and internet banking leaving them furious.

A new law has come into force that means shops can give cashback to customers who don’t buy anything.

Local shops have pitched in too, giving out cashback as well as the Post Office offering banking services, as part of a plan to fix access to cash in communities.

Woman discovers iPod attached to cashpoint as scam artists target people taking cash out

This post first appeared on thesun.co.uk

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