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stick to cool storiesDaran wrote:Bout 350
yvan300 wrote:Why even have a limit though. Kinda defeats one of the advantages of linx. Limits force you to walk around with large sums of cash. Back to square one.
stephengobin wrote:yvan300 wrote:Why even have a limit though. Kinda defeats one of the advantages of linx. Limits force you to walk around with large sums of cash. Back to square one.
limit is for security reasons, imagine a guy holds a gun to your head at the atm machine and tell you to withdraw 75000. with one click of the button you are 75000 dollars less from your savings instead of just 5000 dollars with the limit.
mista25 wrote:Bro, why dont you use your credit card ? Credit Cards have much larger limits and you get points when you use it. Thats what everyone does
fokhan_96 wrote:Republic Bank's limit is $5000 per day, RBC is $10000 per day for POS purchases. It's one of the main reason i still have my account in RBC thoughAlso why it always make sense to have multipile bank accounts.
Dj_Bee wrote:Swiping and withdrawing cash is different, if you taking out cash from the atm is usually a limit of 5k, point of sale transactions on the other hand, I don't think there's limitations to that
cinco wrote:Dj_Bee wrote:Swiping and withdrawing cash is different, if you taking out cash from the atm is usually a limit of 5k, point of sale transactions on the other hand, I don't think there's limitations to that
Atm is 2500 a day 5000 is pos
yvan300 wrote:Damn, looking to purchase an engine, but don't want to walk around with that sum of cash on me. Anyone has experience with RBC and knows if they allow more?
yvan300 wrote:stephengobin wrote:yvan300 wrote:Why even have a limit though. Kinda defeats one of the advantages of linx. Limits force you to walk around with large sums of cash. Back to square one.
limit is for security reasons, imagine a guy holds a gun to your head at the atm machine and tell you to withdraw 75000. with one click of the button you are 75000 dollars less from your savings instead of just 5000 dollars with the limit.
Makes sense
Daran wrote:Bout 350
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