Santander says goodbye to ATMs as you knew them, this is the new modality – Teach me about Science

Santander, one of the best-known institutions in Mexico, has surprised the banking sector with a change radical in its cash withdrawal policy from ATMs. This measure implies an increase significant in daily cash withdrawal limitsomething that breaks with the traditional norms of the sector in Spain. Previouslydaily withdrawal limits at banks like CaixaBank and Banco Sabadell fluctuated between 600 and 1,200 euros in Europewhich was considered standard.

Now, Santander has raised these limits to 3,000 euros per day, allowing its customers to access a much larger amount of cash, either through ATMs or directly at bank branches. This change is a clear indication that the bank is seeking to stand out in a highly competitive marketgiving its clients more flexibility and control.

This increase in the withdrawal limit is not a decision made lightly. The bank has implemented this change with a clear objective: improve security and efficiency in financial transactions. In an environment where cyber threats and financial fraud are increasingly common, Santander has decided to reinforce its security systems to better protect your customers’ transactions robust and reliable.

More changes!

In addition to the increase in the withdrawal limit, the institution has improved the functions available at its ATMs. Now, customers can carry out a wide range of operations from ATMswhich makes it easier for you to interact with the bank and improve your overall experience. New features available include: balance and transaction inquirythe change of PINthe transfersand various forms of deposit money into accounteither from the bank appwith card or mobile phone, and even income anonymous or to third parties.

Likewise, the ATMs allow you to pay bills, both with a debit or credit card from any banking entity, or in cash with a refund in currency. These features have been designed with customer comfort and safety in mind.ensuring they can carry out their banking operations quickly and efficiently.

Banco Santander’s strategy seeks to lead a transformation in the banking industryat least for now, in Spain. By offering these enhanced services at its ATMs, the bank is demonstrating its commitment to innovation and improvement. continuation of their services. The institution reinforces that this decision will firmly be able to adapt to modern demands and offer financial solutions that truly benefit your customerswell is responding to a growing need among users to have more control over their moneyin turn, is taking proactive measures to guarantee the security of transactions in times where cyber threats are a constant concern for users and even institutions. like Santander and other banks.