UK Banks Announce New Cash Withdrawal Limits for Over-65s – Effective 20 October 2025

UK Banks Announce New Cash Withdrawal Limits for Over-65s – Effective 20 October 2025

From 20 October 2025, new rules introduced by major UK banks will change how people aged over 65 can withdraw cash from their accounts. The banking sector has confirmed that these limits are being introduced to reduce fraud, modernise cash handling systems and encourage safer digital transactions. However, the decision is already raising concerns among … Read more