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What's the lowest amount I can take out from my CommBank account in a single transaction?

Broker Issues
CommBank
Deposit
Withdrawal
05-17
United States
WikiFX
Reply

Drawing on my experience and the information available, CommBank supports ATM cash withdrawals both in Australia and overseas. However, based on my past interactions with Australian banks—CommBank included—the minimum withdrawal amount at an ATM is typically dictated by the machine itself rather than the bank’s general policy. Most ATMs in Australia, including those operated by CommBank, set the minimum dispensible note denomination, which is commonly AUD $20. In some cases, a small number of ATMs may offer AUD $10 increments, but this is less widespread. I have never encountered any explicit minimum withdrawal stated by CommBank for basic account transactions other than these ATMs' physical limits. As a risk-conscious trader, I always ensure my account has adequate funds above the minimum withdrawal threshold and factor in any applicable ATM fees, especially when withdrawing overseas, as extra charges like the standard overseas withdrawal fee and currency conversion may apply. For other withdrawal methods such as transferring funds between accounts using CommBank's digital banking platforms (NetBank or the mobile app), the minimum transfer could theoretically be as low as one cent, though practical constraints may still exist for linked accounts and payees. If you have a specific need to withdraw less than what an ATM dispenses, visiting a branch in person might offer more flexibility, especially for coin or precise cash amounts. That said, I always recommend confirming current limits directly with CommBank’s customer support to avoid surprises, as policies and ATM configurations can occasionally change.

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