Ever rushed to an ATM for some quick cash, only to realize you don’t actually know your bank’s withdrawal limit? Or noticed those small but painful 5 TWD interbank withdrawal fees quietly deducted from your account every month? Even in today’s age of digital payments, cash transactions remain indispensable, but how much do you really know about withdrawing money?
Don’t worry, this guide breaks down everything you need to know about ATM withdrawal limits at major banks, how interbank withdrawal fees are calculated, and the latest 2025 offers on fee-free withdrawals and transfers from digital accounts. Whether you’re a salaried employee, a parent giving out pocket money, or a beginner managing your finances, this all-in-one guide will help you withdraw cash with confidence and save on every unnecessary fee.
Every time you use an ATM, you may notice that the single withdrawal limit shown on the screen differs and each bank also sets a different total daily limit. Understanding these numbers helps you avoid unexpected issues when you urgently need cash. In this section, we’ll break down the withdrawal policies of major banks from three angles: “single withdrawal limit”, “daily withdrawal limit”, and the modern “cardless withdrawal” option.
The amount you can withdraw per transaction largely depends on whether you’re using your own bank’s ATM “same-bank” or another bank’s machine “interbank”. This setup is based on each bank’s risk control measures and system configurations.
💡 Money Tip: If you need to withdraw more than NT$20,000, use your own bank’s ATM whenever possible. You’ll not only get a higher withdrawal limit but also avoid paying interbank withdrawal fees.
In addition to the per-transaction limit, each debit card also has a “daily total withdrawal limit”. This measure is designed to protect account holders from large losses in case their card is lost or stolen. Most banks set the default daily withdrawal limit between NT$100,000 and NT$150,000, though the exact amount may vary depending on your account type and banking history. Below is a reference table showing the daily ATM withdrawal limits for major banks in Taiwan:
| Bank | Daily Withdrawal Limit (NTD) | Notes |
| Chunghwa Post | 150,000 | Interbank withdrawal limit per transaction is NT$20,000 |
| Bank of Taiwan | 150,000 | Can be increased upon in-branch request |
| Cathay United Bank | 150,000 | Higher limits available for premium clients |
| CTBC Bank | 150,000 | Some ATMs support single withdrawals up to NT$100,000 |
| E.SUN Bank | 150,000 | Limit adjustable via online banking |
| Taishin Bank | 150,000 | Richart digital account default: NT$100,000 |
| SinoPac Bank | 150,000 | DAWHO digital account default: NT$100,000 |
| First Bank | 120,000 | iLEO digital account shares the same default limit |
| Union Bank | 120,000 | New New Bank digital account shares the same default limit |
| LINE Bank | 150,000 | Online-only bank; withdrawals via other banks’ ATMs |
| Next Bank | 100,000 | Online-only bank; withdrawals via other banks’ ATMs |
Left your wallet at home but urgently need cash? “Cardless withdrawal” is your lifesaver! This feature allows you to withdraw cash from an ATM using only your mobile banking app, no physical card required. Here’s how it works:
Because of stricter security controls, the withdrawal limits for this service are lower than those for physical cards. Generally, the single withdrawal limit ranges from NT$10,000 to NT$20,000, while the daily limit is around NT$30,000, enough to cover most short-term cash needs.
“Convenience” comes at a cost, when you use an ATM that doesn’t belong to your bank, you’ll be charged an interbank withdrawal fee. While the fee per transaction may seem small, it can add up to a significant amount over time. Understanding how these fees are calculated and learning a few money-saving tricks is the first step toward smarter financial management.
According to the Financial Supervisory Commission’s regulations, interbank withdrawal fees in Taiwan are standardized. No matter which bank’s ATM you use or how much cash you withdraw, each interbank withdrawal incurs a fixed fee of NT$5. This amount is automatically deducted from your account balance and clearly shown in your transaction record.
Want to break free from those NT$5 fees? The answer lies in “digital bank accounts”! To attract younger users, many banks now offer digital accounts packed with perks. One of the most appealing being a set number of free “interbank withdrawals” and free “interbank transfers” every month. For anyone who frequently makes small interbank transactions, these accounts are the ultimate money-saving tool.
Here’s a summary of popular digital account offers:
For more comparisons between digital accounts, check out detailed financial analysis articles to find one that best suits your spending and saving habits, helping you easily save hundreds of dollars in fees every year.
To support vulnerable groups, the government has coordinated with financial institutions to offer interbank withdrawal fee waivers for individuals with disabilities. Eligible applicants can present their disability identification to their bank to apply for the program. Once registered, they can enjoy three times free interbank withdrawals per month. This initiative aims to ease the financial burden on persons with disabilities and promote greater inclusiveness in financial services.
If you need to withdraw a large amount of cash for example, to buy a car or make a payment for construction work and it exceeds the ATM’s daily withdrawal limit, the safest and most direct method is to visit your bank branch in person during business hours with your ID card, passbook, and account seal. There is no withdrawal limit for over-the-counter transactions. However, for withdrawals exceeding NT$500,000, banks are legally required to perform a brief verification and record the transaction. It’s recommended to call your branch one day in advance to ensure sufficient cash is available for your withdrawal.
To withdraw local currency abroad, your debit card must have the “international withdrawal feature” enabled. The daily withdrawal limit is usually lower than in Taiwan, typically equivalent to NT$20,000–50,000, depending on your bank’s policy. Withdrawal fees are divided into two parts: 1. Fees charged by your Taiwanese bank (usually NT$75–100 per transaction, plus a 1.5% international settlement fee based on the withdrawal amount); 2. Fees charged by the local ATM operator. Therefore, overseas withdrawals can be costly, it’s recommended to withdraw a sufficient amount in one transaction or use credit cards with cashback rewards for spending whenever possible.
Some accounts are set with lower default withdrawal limits (e.g., NT$30,000 or NT$50,000 per day) when opened, especially if you didn’t specify. Banks do this as a precautionary measure for risk control. If you find the limit insufficient, you can request an increase through the following methods:
In-branch: Bring two forms of ID and your personal seal to any branch, this is the most direct way.
Online application: Some banks allow you to submit an online request via internet banking or their mobile app by uploading your ID for verification.
Customer service hotline: Call your bank’s customer service, verify your identity, and you may be able to apply for a temporary or permanent limit increase.
Cardless withdrawal is highly secure. It uses multiple layers of verification, including “your phone (device binding)”, “a one-time withdrawal code (one time and time-limited)”, and a “cardless withdrawal password (personal setting)”. These measures make unauthorized use extremely unlikely. If you forget your cardless withdrawal password, you can easily reset it through your bank’s mobile app after completing identity verification, no need to visit a branch.
Although rare, this can occasionally happen due to machine or network issues. Don’t panic, just follow these steps:
Understanding ATM withdrawal limits and interbank withdrawal fees is a fundamental part of smart money management. Knowing each bank’s withdrawal cap helps you plan large cash withdrawals more efficiently, while taking advantage of the free interbank transactions offered by digital accounts each month can save you a significant amount over time. Before your next withdrawal from the bank, take a moment to review this guide and consider where and how to withdraw your money for the best value. Building good financial habits starts with these small, everyday details, making every withdrawal smarter and more cost-effective.
