Business Services Industry
Sumitomo Mitsui Banking Corp. to let depositors set ATM card withdrawal limit.
Knight Ridder/Tribune Business News, September, 2004
Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Sep. 6--TOKYO -- Sumitomo Mitsui Banking Corp. said Monday it will allow depositors to set the withdrawal limit on their automated-teller machine cards in a range between 0 yen and 3 million yen, starting Oct. 6.
The first service of its kind by a major Japanese bank is in response to an increase in withdrawals with stolen ATM cards, Sumitomo Mitsui said.
Currently, the bank automatically applies a 3 million yen limit to each card.
To see more of Kyodo News International, go to reprints@krtinfo.com.
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