New Withdrawal Limits for Over-60s Confirmed by UK Banks – What Starts Today
Major UK banks, including Barclays, Lloyds, NatWest, HSBC, and Santander, have rolled out updated cash withdrawal policies specifically targeting customers aged 60 and over, with many changes taking effect from early 2026. These adjustments aim to enhance fraud protection for vulnerable older customers by introducing lower default daily ATM limits, additional verification for larger amounts, and in some cases weekly caps or extra security checks in-branch. While banks stress that access to cash remains available—often with options to request higher …