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Sberbank lowers limit for drawing cash from ATMs to 50,000 roubles per day from March 1

While earlier customers could draw 150,000 roubles ($2,100) a day from the most widely-used cards Visa Classic/MasterCard Standard

© ITAR-TASS/Anton Novoderzkin

MOSCOW, January 30. /TASS/. Russia’s biggest state lender Sberbank will lower limits for drawing cash from ATMs from March 1, the company’s press representative told TASS, adding that the decision was made to adjust this indicator to the market’s average level.

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Russia to start test-mode connection to national payment system in February

While earlier customers could draw 150,000 roubles ($2,100) a day from the most widely-used cards Visa Classic/MasterCard Standard, now this sum has been reduced threefold to 50,000 roubles ($713).

Also, the limit was changed to 500,000 roubles ($7,100) a month for Momentum and Visa Electron/Maestro cards, to 1.5 million roubles ($21,400) a month for Visa Classic/MasterCard Standard, to 3 million roubles ($42,000) a month for Visa Gold/MasterCard Gold, to 5 million roubles ($71,000) a month for Visa Platinum/MasterCard World Black Edition and to 30 million roubles ($428,000) a month for Infinite/World MasterCard Elite, the bank reported.

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