how to withdraw money without a bank card?

Banks are constantly innovating to offer their customers more convenient and secure services. Here’s an overview of the main cardless withdrawal methods currently available:

1. Mobile banking programs : Several banks offer withdrawal features through their mobile apps. After activating the option, the user can generate a withdrawal code that can be used at the ATMs of the respective bank.
2. SMS and codes : Some banks allow the generation of a withdrawal code sent by SMS, which the customer can use at the ATM.
3. Specific services : Services such as SM@RT’retrait from Banque Populaire and electronic withdrawal from Crédit Mutuel are examples of solutions offered to withdraw funds without a bank card​​.

How does it work?

To be able to withdraw money without a bank card, you usually need to follow a few simple steps:

1. Activating your service : The user must first activate the service by contacting their bank advisor. This step is critical for security reasons and to make sure the customer understands how the service works.
2. Code generation : The user can generate a unique code through the bank’s mobile application or online service. This code, which is often valid for a limited time, allows you to withdraw money at a specific ATM.
3. Using the code : The customer then goes to the ATM of the respective bank, enters the generated code and withdraws the desired amount. It is important to note that these services are often limited to the ATMs of the bank issuing the code​​.

Examples of banking services

1. Banque Populaire: SM@RT’retrait : This service allows customers to withdraw funds by generating a code through a mobile application. After selecting the account to debit and the amount to withdraw, a unique number is created that serves as the access key to the Banque Populaire ATM.
2. Crédit Mutuel: electronic withdrawal of funds : Similar to SM@RT’retrait, this service sends a code via SMS that the customer uses at a Crédit Mutuel ATM. An interesting feature is that this service can be used by children who are the account owner or relatives of the primary account owner.

Advantages and limitations

Advantages :

• Practicality : These services are especially useful if you lose or forget your bank card.
• Security : Withdrawal codes are often temporary and limited to one-time use, reducing the risk of fraud.

Restrictions :

• Availability : Not all banks offer such services yet. In addition, they are often limited to the ATMs of the bank issuing the code.
• Complexity : Initial activation of the service requires interaction with a bank advisor, which may be perceived as a limitation by some users.

While not all banks offer these options yet, users of banks that do can benefit from greater flexibility and security. If you are interested in this type of service, it is recommended to contact your bank consultant to get all the necessary information and activate the option that suits your needs.