NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Current Home > Business > Enterprises & Products
Two more banks raise ATM withdrawal limit
Latest Updated by 2007-05-25 10:59:48
Related News
World Bank panel finds Wolfowitz broke bank rules
Central bank raises rates, reserve ratio
Guangdong increasingly turns to overseas banks
Central bank: growth of money supply stable
Stock market gathering risks: banker
Guangdong increasingly turns to overseas banks
Business News
Price hikes for meat, eggs to affect CPI in China
Wu Yi: Strategic talks are a complete success
Chinese govt won't exert direct influence on stock market, expert

Two more banks in Shenzhen raised the daily withdrawal limit of automated teller machines (ATMs) to 20,000 yuan (US$2,597) Thursday, a day after China Construction Bank (CCB) raised the daily limit to that amount, in line with an official notice from the central bank.

Bank of Communications (BoCom) and China CITIC Bank became the latest banks to raise the ceiling to 20,000 yuan Thursday. However, BoCom still kept the limit for each withdrawal to 2,000 yuan, while CITIC Bank raised it to 5,000 yuan.

Two other banks, namely Shenzhen Commercial Bank (SCB) and Shenzhen Development Bank (SDB), will raise the daily withdrawal amount to 20,000 yuan this week. SDB will raise the maximum amount for each withdrawal to 3,000 yuan, and SCB will raise it to 5,000 yuan.

The new limit will help cardholders avoid the queues in front of bank counters. But because some banks have set the maximum amount of each withdrawal at 2,000 yuan, their cardholders will require 10 withdrawals to take out a total sum of 20,000 yuan.

A CCB customer surnamed Du said she felt embarrassed while withdrawing money from an ATM at the Zhenhua Road branch of the bank.

"I took 2,000 yuan each time, and then count the money before putting in the card for another withdrawal. It took me 10 minutes to finish the whole transaction," Du said.

Others fear they will suffer heavier losses if their bank cards are stolen or lost. "The longer the time you spend in front of the ATM, the more risk you will experience after the card is lost or stolen," a man surnamed Zhang said in an interview.

Editor: Yan

By: Han XiminSource: Szdaily web edition
Previous:  Major SOE profits up 34.7% in 1st four months  Next:Boeing gets order from Hong Kong tycoon


Chinese Premier pledges to stabilize soaring pork prices


Human Domino get people relaxed


[Guangzhou] Eight New Attractive Places of Liwan District Selected


New signs to be set up at 1,000 road intersections by the end of 2007


China beat S Korea 5-2 in women's soccer friendly
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips