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Thread: ATM'S - New Daily Withdrawal Limit

  1. #1
    Senior Member Liz - Aruba Lover's Avatar
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    ATM'S - New Daily Withdrawal Limit

    Just read this on Facebook (Rona posted it).

    A caveat to all members travelling to Aruba that the island has imposed a new rule...all ATM's now only allows a daily $200.00 USD cash limit. Word has it, it has been implemented to prevent people, whose nationally will go unmentioned, from flying in for one day, withdrawing large amounts of USD from ATM's, and flying home with pockets full of coveted USD.

    Just talked to a taxi driver friend in Aruba and he said yes it's true.

  2. #2
    Aruba since 1979
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    ATM - Dispensing Florins Only - No U.S. Currency
    check out above link.
    at one point folks were saying the ATMs were only dispensing florins.

    i still think the best place to use an ATM is at a casino.

  3. #3
    Senior Member Liz - Aruba Lover's Avatar
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    Quote Originally Posted by Andrea J. View Post
    ATM - Dispensing Florins Only - No U.S. Currency
    check out above link.
    at one point folks were saying the ATMs were only dispensing florins.

    i still think the best place to use an ATM is at a casino.
    Andrea - don't you think the Casino's will have the same daily USD limit of $200 a day. The Casino's are not putting in the $$$ to their ATM's; the Aruba banks are.

  4. #4
    Aruba since 1979
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    yes i think they will have the same daily amount limit.
    but, i do think one has a much better chance of getting US DOLLARS $ at a casino ATM, than at an ATM elsewhere....such as a lobby of a resort.

    Quote Originally Posted by Liz - Aruba Lover View Post
    Andrea - don't you think the Casino's will have the same daily USD limit of $200 a day. The Casino's are not putting in the $$$ to their ATM's; the Aruba banks are.

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    It really seems to be inconsistent. At ArubaBank no dollars at the Palm Beach Blvd ATM and a message that the daily limit is exceeded even though the card was not usEd that day. 5 mins later at RBC next to Palma Real there were no problems. At CMB I got US Dollars no problem, then at Excelsior the CMB ATM inside the casino would not process anything, yet the ATM outside the front door to the casino gave florins. The ArubaBank ATM at Superfoods only gives florins at present

    this has been the pattern over the past 4 weeks. Why go to a casino........roll the dice and get the luck of t
    he draw at your local friendly ATM

  6. #6
    Aruba since 1979
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    wow, you have been busy checking those ATMs

    so, no rhyme nor reason or consistency.
    i bet you were frustrated.

    Quote Originally Posted by aquaman View Post
    It really seems to be inconsistent. At ArubaBank no dollars at the Palm Beach Blvd ATM and a message that the daily limit is exceeded even though the card was not usEd that day. 5 mins later at RBC next to Palma Real there were no problems. At CMB I got US Dollars no problem, then at Excelsior the CMB ATM inside the casino would not process anything, yet the ATM outside the front door to the casino gave florins. The ArubaBank ATM at Superfoods only gives florins at present

    this has been the pattern over the past 4 weeks. Why go to a casino........roll the dice and get the luck of t
    he draw at your local friendly ATM

  7. #7
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    Quote Originally Posted by Andrea J. View Post
    wow, you have been busy checking those ATMs

    so, no rhyme nor reason or consistency.
    i bet you were frustrated.
    hi Andrea

    we have been using them more due to the poor exchange rates for the Canadian dollar. We take out a little as the rates have been fluctuating a lot ( mainly downward) we use our ArubaBank account more often

  8. #8
    Senior Member GETA62's Avatar
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    Quote Originally Posted by aquaman View Post
    It really seems to be inconsistent. At ArubaBank no dollars at the Palm Beach Blvd ATM and a message that the daily limit is exceeded even though the card was not usEd that day. 5 mins later at RBC next to Palma Real there were no problems. At CMB I got US Dollars no problem, then at Excelsior the CMB ATM inside the casino would not process anything, yet the ATM outside the front door to the casino gave florins. The ArubaBank ATM at Superfoods only gives florins at present

    this has been the pattern over the past 4 weeks. Why go to a casino........roll the dice and get the luck of t
    he draw at your local friendly ATM
    We experienced the same situation last January. When some ATM refused to dispense $$$ and some of them worked by letting to withdraw $200 at the time.

  9. #9
    Aruba since 1979
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    From Rona Coster's column

    Swipe Tourism Trouble
    BREAKINGE NEWS: The Central Bank convened with the Commercial banks yesterday, in the presence of MinLab, representing MinFin, and agreed to extend the cap on ATMs withdrawals to $400 or $500, how much exactly is to be advised in the coming few days. Common sense prevailed, my compliments to all involved. This better decision makes my column for today obsolete, but I am posting it anyway, because I can!


    This is what I wrote yesterday: The latest decision by the Central Bank to put a cap on ATM withdrawals constitutes collective punishment, which is always the easiest, and always the least effective. Letís just ground everyone without addressing the issue, or fixing anything. CLA. So what do you suggest, Mr. Central Banker? For North American tourists to use their credit cards, right? Do you think that the beach bums operating the banana boat take credit cards? How can papa tourist explain to his kid that he has no cash in his pocket for a fun watersport ride, while on a family vacation? And mom wants to get a massage at an excellent spa that guess what, has no plastic facilities. All these small annoyances add up, and visitors are inconvenienced big time. So donít brush it off, it is a major hassle. Aruba is not a totalitarian regime, nor is it a dictatorship, and you canít tell anyone how much money they should carry around in their pocket and in which form; this is their money, and they should have unlimited access to it. That said, I understand that the Commercial Banks were against the cap imposition, but the Central Bank bullied the decision through with the promise to review in 6 months, which is light-years away. Our banks really donít care about the rush on the ATMs because when they settle with the international credit cards companies they get their dollars back. Not exactly, they care about the long lines and the constant outflow of dollars that results in empty ATMs and bad service. BUT itís the Central Bank which is applying the brakes, to prevent its dollar reserves from being depleted, because then the country wonít have enough currency to pay for the importation of goods and services, and it will affect our BP, our sacred balance of payments. Aruba is an easy target for the desperate Venezuelans, determined to survive, and the Central Bank decided to fight back on our behalf to restore law and order, which is a very positive development, but why by means of collective punishment involving our European and North American visitors??
    OUR SUGGESTION: Canít the ATMs recognize and differentiate between cards? The machine knows if youíre in Miami, Amsterdam, Berlin or Caracas. Itís no rocket science. They are using a bin number to prevent locals from withdrawing US dollars already; they could do the same with Venezuelan credit cards WITHOUT inconveniencing the masses. Think about it, if you limit the Venezuelan cards to $200 a day, they will stay THREE TIMES longer. And incidentally, if visitors get florins and convert those into dollars paying a 1.3% exchange tax, it means more than a quarter million dollars income for the Central Bank.
    PIERRE RAFINI: The makers of the ATMs, NCR and Diebold, as well as the software companies in charge of connectivity Maestro & Cirrus, do not facilitate discrimination, and do not offer card recognition features, to exclude Venezuelan cards. The island would be better off just slowing these tourists down at the border, by imposing greater cash requirement, so they must come in with money. Additionally, limit the number of flights and air-seats, to reduce the number of visitors coming in.
    Just to give you an idea:
    * Traffic from Venezuela was up by 34.6% from 30,009 stopovers in October 2014 to 40,387 in October 2015.
    * In the first ten months of 2015 traffic from Venezuela grew by 44.5% compared to the first ten months of 2014 from 187,467 stopovers to 270,889.
    Weíre talking at least 20 million dollars a month, in Venezuelan credit card charges.


  10. #10
    Senior Member Aruba4ever's Avatar
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    I have not read about this issue in a bit but I figured I would report what I experienced earlier today. I had zero issues taking out $300 cash from the Ritz ATM- Sadly I took out 300 from both of my accounts for some extra cash for today, lol. The casinos are not friendly this trip.

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