I’ve recently switched to Monzo but now a bit concerned about this because I needed to withdraw cash earlier but the ATM said Unable to process it. I needed £300 didn’t work. Reduced to £250, then £150, then £100 and none worked. My limits in the app all show more than this and I have substantially more credit in my account.
So why would Monzo not allow the withdrawal? If this happens again this is a serious issue, not being able to take cash out.
I had to fall back to my old account I still have and go into its overdraft to get my money then transfer from Monzo to my other account.