Mandatory ATM Requirement from Banks! New Cash Withdrawal Rule in Effect

Mandatory ATM Requirement from Banks! New Cash Withdrawal Rule in Effect

04.04.2025 12:31

Banks have made an important decision regarding cash withdrawal transactions below 20,000 TL. From now on, all withdrawals under this amount will only be made through ATMs. This move aims to reduce congestion in branches and promote digital banking, and it will particularly affect retirees and citizens who are less familiar with technology.

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Banks operating throughout Turkey have entered a new era for cash withdrawal transactions below 20,000 TL. According to the decision taken, transactions below this amount can now only be carried out through ATMs. Banks have taken this step to reduce congestion at the counters.

WILL AFFECT RETIREES

According to Sözcü's news, this regulation may particularly affect retirees, elderly individuals, and citizens who are not well-versed in technology. Considering that the lowest pension in Turkey is 14,469 TL, millions of people are directly affected by this regulation.

AIMING TO PREVENT COUNTER CONGESTION

Although there are 49,847 ATMs across Turkey, the congestion in bank counters was still ongoing. Banks are directing the more active use of ATMs to reduce customer traffic and speed up transactions.



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