How to withdraw money from a bank or ATM
In a digital age it is important to know you can still access cash when you need it. And whether it is from your bank, nearest ATM, or in-store cashback—there are plenty of ways to withdraw money.Wherever you are, at home or abroad, withdrawing or depositing physical funds could not be simpler. Discover our guide on how to withdraw money from an ATM or bank near you, and swiftly withdraw cash while you’re on the go.
What is a cash withdrawal?
Cash withdrawals electronically convert funds from your bank account, savings, or pension to physical cash in hand. Cash deposits work exactly the same way, only in reverse—physical money is deposited and digitally added back into the linked account.Withdrawing cash from the bank
If you visit a branch of your bank, a representative will handle your transaction in person. Take your debit card, or a form of ID and your account details, and they can process the withdrawal for you, as long as you have enough funds.
Withdrawing cash abroad
Many banks charge a fee for withdrawing cash abroad. With a N26 You or N26 Metal account, you can withdraw cash for free in any currency from ATMs worldwide.
Withdrawing cash using an ATM
Automated teller machines (ATMs) link your debit card to your checking account, giving you full access to your funds. As most machines accept all cards, you can most likely use any ATM, no matter who you bank with.
Withdrawing cash with N26
Open an N26 account in minutes and you will get a free virtual N26 Mastercard with free cash withdrawals each month at select ATMs. Better still, our premium You and Metal accounts include unlimited free foreign currency withdrawals, anywhere in the world
How to withdraw money from an ATM
Making an ATM withdrawal couldn’t be easier. Just insert your card in the reader, select the language option, and enter your 4-digit PIN number. Once the PIN is approved, select ‘withdrawal’ for transaction type, and enter the amount you want to withdraw. Finally, collect your cash (and receipt if needed) and take back your debit card, if the machine hasn’t returned it already. Transaction complete!
How to withdraw money abroad
- Withdraw local currency: You usually get a better exchange rate by sticking to local currency.
- Find compatible ATMs: Look for ATMs with your card network's logo, like Visa or Mastercard.
- Be aware of fees: Check for foreign transaction fees and ATM fees.
- Minimize fees: At the ATM, take out larger amounts so you don’t have to withdraw money as often and pay fees every time.
- Use safe ATMs: Choose ATMs in well-lit public places.
- Shield your PIN: Cover the keypad when entering your PIN.
- Monitor your account: Regularly check your account for any transactions you don’t recognize.
Finding an ATM near you
Need the nearest ATM to withdraw money? You can use an online or app-based locator that provides a marked map of all ATMs in your current location. Use our N26 ATM locator feature now, and with one touch of the map symbol on the Cash map you can quickly navigate your way to the nearest ATM.
How to withdraw money without a card
As an N26 customer, you can use your virtual Mastercard to withdraw cash from an NFC-enabled ATM with just your smartphone. Simply hold your card up to the reader to complete your transaction.
How can I make sure my cash withdrawal is processed securely?
Here are a few tips to help you stay more secure when you’re withdrawing cash or checking your account:- Use two-factor authentication when accessing your account.
- Enable biometric authentication like fingerprint or face recognition.
- Choose ATMs in well-lit public places and stay aware of your surroundings.
- Shield the keypad when entering your PIN.
- Avoid accessing online banking on public Wi-Fi networks.
- Enable automatic logout on your mobile banking app.
- Verify the withdrawal details before confirming anything.
- Use encrypted communication for sensitive information.
- Keep your card and PIN secure — never share or write down your PIN.
- Monitor your account for any suspicious activity.
Find a plan for you
N26 Smart
The bank account that gives you more control
€4.90/month
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N26 You
The debit card for everyday and travel
€9.90/month
Up to 5 free withdrawals in the Eurozone
Flight and luggage delay cover
Medical emergency cover
Winter activities insurance
Pandemic coverage
N26 Metal
The premium account with a metal card
€16.90/month
An 18-gram metal card
Up to 8 free withdrawals in the Eurozone
Purchase protection
Phone insurance
Dedicated N26 Metal line
To withdraw money from an automated teller machine (ATM) you will need your debit card specific to your checking account, and your 4-digit PIN number ready.
To withdraw money from a tradicional bank, you will need your debit card specific to your checking account and a form of ID, to provide to the bank teller.
Cash withdrawal limits vary from bank to bank. Some banks start at a €200 limit per day, but many go up to €300. With an N26 account, you can withdraw up to €1,000 per day or €2,500 weekly and set your limit lower at your discretion.
You can locate your nearest ATM using an online app locator, which will give you a map that marks all ATM cash points near you. Find your nearest cash point with N26’s ATM location app.
Yes, there are a few different ways you can withdraw money without a physical card. At NFC-enabled ATMs, you can use a virtual debit Mastercard. In countries like Germany, Austria, Italy, Spain, and Greece, services like CASH26 allow you to withdraw cash at participating stores without a card. Many banks also offer smartphone-based withdrawals as a convenient alternative to traditional card transactions.
Banks may ask about unusual or large transactions to comply with anti-money laundering (AML) regulations and keep their customers’ money secure. There isn’t a specific threshold for which transactions are flagged, but banks often follow up about out-of-the-ordinary withdrawals.
Withdrawing cash from an ATM is generally straightforward, but there can be ATM malfunctions, connectivity issues, and different withdrawal limits by bank. Check your bank’s policies on cash withdrawals to avoid any surprises.
To stay more secure when withdrawing cash, always carry valid ID, be aware of your surroundings, and shield the keypad when entering your PIN. Use ATMs in well-lit, populated areas and monitor your account for any suspicious activity. Report any concerns to your bank immediately.
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