Is the daily withdrawal limit from ICICI's side & VISA's side or ONLY from the Canadian Bank ATM side.

I mean if you have $ 1,500 on the prepaid ICICI VISA travel card & the daily limit of CIBC, TD, RBC, BMO etc is $ 300.

Can you go to 5 different bank ATM's & withdraw $ 300 each from CIBC ATM , RBC ATM , BMO ATM etc ??

Will be a good way to get around the daily limit ..But if the limit is from ICICI's side or VISA's side..not much you can do

I guess the withdrawal limit is a good way of making money on transactions fees of $ 3 ..so instaed of 1 $ 1,500 withdrawal , you have to make 5 - $ 300 withdrawals & pay $ 3 transaction fee EACH time

withdrawal limits are set for the safety of the customer.. in case the card is stolen or lost !!

All our bank debit cards also have a preset daily ATM withdrawal limits on them. Its upto you later on if you want to increase those limits. I remember CIBC debit card had $500/day limit for me when I first opened the account. I had to call them up to increase it to $1200/day.... Same with my RBC account

ICICI bank Canada has only $300/day withdrawal limit for my chequing account. But as it is an Indian Bank & their call center is so advanced, it wants me to go personally in the bank & give a written letter with reasons on why I need to increase my daily ATM withdrawal money....funny

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the point is you can call the bank to increase your daily cash withdrawal limit. After all its your own money......

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i..........rock........!!!!!

It is a limit at the Canadian bank ATM; not from Visa or ICICI india from where the card was purchased. A genuine client would feel fleeced by these canadian banks/the $3 per transaction fee, a good way to make money !
Though banks may argue it is for customer protection, in case card is stolen etc.

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