Bank account holders receive a Direct debit, which they can use to accept transfers and payments and, in turn, to be able to buy from several companies.
There are also maps of credit, which are also used for purchases in department stores, supermarkets, and endless money orders where card payments are accepted. Even purchases made with this type of plastic can be paid for in what we know as installments months without interest (MSI), according to the agreements made by the bank with the merchant.
However, if cash is needed, users can go to one ATM To withdraw it, knowing that there is a daily limit set by each institution. This varies by bank and has nothing to do with the type of account or bike that is in it.
For account holders of Santander, You are allowed to withdraw up to 11,000 pesos daily from ATMs, which can mean a good amount. However, if the customer needs a higher amount, they can go to the bank’s counter during office hours and request the amount they want.
It should be noted that this banking institution has “multilayers” where its customers can both withdraw cash and make deposits, and make various services such as card payments.