Short Answer: Bank of America’s cash withdrawal limit at the counter is determined by your available account balance, the type of account you have, and how much cash your local branch has on hand. If you want to withdraw your entire account balance and close your account, you’ll need to speak with a banking specialist. For more details, see below.
What Is the Bank of America Cash Withdrawal Limit at the Counter?
At the teller counter, Bank of America’s cash withdrawal limit is based on a few factors, including:
- The funds available in your account
- The type of account you have (some accounts have a minimum balance)
- How much cash your local Bank of America has on hand (the branch may need to order the funds, which could take up to a week; large bills may also need to be ordered)
While there isn’t a withdrawal limit, a Bank of America corporate customer service representative said large cash withdrawals may require advance notice, as disclosed to customers in their deposit agreement. We confirmed this information by contacting several Bank of America branches and speaking with bank employees.
It is possible to withdraw the entirety of your account balance at the counter, but, in order to close your account, you’ll need to make an appointment with a banking specialist.
Keep in mind, the counter withdrawal policy differs from Bank of America’s ATM withdrawal limit, which is capped at 40 bills per transaction.
The Bank of America cash withdrawal limit at the counter depends on your available account balance, the type of account you have, and the funds on hand at your local branch. You may need to provide advance notice for large cash withdrawals.