This is not a government rule, but one imposed by the banks, perhaps their association, and is related to fraud.
Originally Posted by
boboqui
Besides the fact that R$300 per day is not enough, how do more trips to the ATM decrease the risk of robbery?
The difference is that if fraud, the problem (and the costs) are on the banks, if a robbery, well . . ., who do you think is responsible and will bear the loss?
