ATM retreats

Colombian Banks ‌Update Transaction Limits Ahead of October 2025 Changes

BOGOTÁ, ‌COLOMBIA – ⁢Colombian banking users will face revised transaction‍ limits for both ATM⁢ withdrawals and digital‍ transfers starting this October 2025, as major financial institutions including Bancolombia, Davivienda, BBVA, Banco de Bogotá, and AV Villas adjust their policies. The changes ⁣impact daily operation limits,ranging from cash ⁣withdrawals to transfers,varying by bank and channel used.

these updates require customers to be aware ‍of the⁣ new parameters for their financial ‌activities. Here’s a breakdown of the updated limits, ‌as of today:

Bancolombia: ⁤ Sets a daily ATM⁤ withdrawal ‍limit of $2.7 million. ‍Transfers are‌ capped at $30 million to registered ‍accounts and $8 million to non-registered accounts. Operations via the request with unregistered accounts are limited to $3 million.

Davivienda: Allows ATM ‌withdrawals of up to $8 million per transaction​ via ⁤card. Digital transfers have a daily limit of $50 ‍million, encompassing transfers‌ between own ⁣accounts and to other banks (ACH). Public service payments are capped at ⁢$10 million, and digital store​ purchases ⁣at $5 million.

BBVA: Establishes a daily cash withdrawal limit of $4.2 million, split between $2.1 million via card and $2.1 million ⁢without a card.

Banco de Bogotá: Maintains a $2 million ‌daily ATM limit. Transfers allow ⁢for $2 million per transfer, ⁤$5 million through bank correspondents, and $30 million between⁢ own accounts within the same bank.

AV Villas: Sets a $2 million​ daily⁣ ATM limit. Electronic transfers are capped at $5 million to other ‌Aval group entities or external​ banks.

General Updates: Several banks, including AV Villas, offer current and ⁢savings account holders a maximum of $80 million daily for transfers through their digital channels.

Vital Considerations: Many banks allow customers to modify‌ their transactional limits through their mobile app or online banking platforms, depending on their individual profile. For transactions exceeding ATM limits, users are advised⁢ to visit‌ a physical ⁣branch or contact their bank ​directly.

Stay Informed: For the latest economic news and updates, visit El Espectador at https://www.elespectador.com/economia.