UK Banks Officially Confirm New Withdrawal Limits for Over-60s – Rules Start Today
Introduction As of January 26, 2026, major UK banks have rolled out updated cash withdrawal policies specifically targeting customers over 60, sparking concern among pensioners and seniors who rely on cash for daily needs. These new withdrawal limits for over-60s in UK banks stem from heightened fraud prevention efforts, enhanced security protocols, and a broader push toward safer banking practices amid rising scams targeting the elderly. While not a government-mandated universal cap, individual banks and ATM networks are implementing tighter …