Aiming to stabilise Macau’s financial system and cash flow, the government has set the limit per ATM withdrawal with bank cards issued in the mainland at 5,000 patacas or HK$5,000, Secretary for Economy and Finance Lionel Leong Vai Tac said yesterday.
Mainland-issued credit cards’ local cap on withdrawals took effect on Friday.
The Macau Monetary Authority (AMCM) announced the measure on Friday in a statement, saying that the daily cap and annual limit on withdrawals remains unchanged at 10,000 yuan (11,570 patacas) and 100,000 yuan respectively.
Secretary for Economy and Finance Lionel Leong Vai Tac speaks to reporters on the sidelines of the annual ‘Walk for a Million’ charity event yesterday. Photo: Annie Cheung
