UK Banks Officially Confirm New Withdrawal Limits for Over-60s – Live from Today
Introduction Major UK banks have rolled out updated cash withdrawal policies specifically affecting customers aged 60 and over, with changes taking effect immediately in 2026. These adjustments focus on daily ATM and branch limits, enhanced security checks for larger amounts, and additional verification steps aimed at combating rising fraud targeting seniors. While no single nationwide law imposes uniform caps, the Financial Conduct Authority (FCA), UK Finance, and individual banks have aligned on stronger protections for vulnerable groups, including pensioners who …