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I'm wandering about Toronto with my Mastercard which I can use to take out cash, and I have tried a few machines at Yonge and Bloor and they all first say they give $800 but then the ATM says it can only give out $400 max! I'm lost. Do CIBC and RBC run the same? I remember a while ago I could withdraw $700 from a Scotiabank. Was that a fluke? Now, is there any bank or specific ATM in downtown Toronto where one can take more than $400? I don't want to pay $10 fees trying to use the same machine several times at once. I still haven't figured out the limit at the non-bank ATM at the hotel.

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    This may be a limit imposed by the bank which issued your card. Especially if the local ATM says you can withdraw $800, but then later says only $400, it may be that your issuing bank has a $400 limit. Have you called your issuing bank to see what they can tell you? – Flimzy Feb 5 '15 at 15:58
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    The best solution would be to use a proper ATM card so you don't have to pay such high fees for each withdrawal, walk into a real bank to get cash in larger amounts, and/or use your credit card to pay for things directly. – John Zwinck Feb 6 '15 at 1:43
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    It might have to do with the physical capabilities of the machine, as well. – Michael Hampton Feb 6 '15 at 2:26
  • @Flimzy Nope, no limit on my card! Got $1000 at Scotiabank! – verve Feb 6 '15 at 10:15
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Hope it's okay I answer my own question as it might be useful to others but I tried an ATM at Scotiabank and I was able to withdraw $1000. Not sure if it's that particular ATM or just that bank's machines but years earlier I renember being able to withdraw a large amount from SB as well. Perhaps RBC and CIBC save their bills for everyone so the machines don't go empty but Scotiabank doesn't care?

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