Consult the definition of technical terms 

All of the FGDR’s protection schemes rely on relatively complex banking and financial mechanisms. This glossary provides definitions of many technical terms used on this website or in FGDR documentation.

ALL WORDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

W

Withdrawal

Transaction whereby customers withdraw a certain amount of cash from their account either at an cash machine or at the counter at their bank or payment institution.  A withdrawal authorisation limit, as specified in the account agreement or the payment services master agreement, is applied over a seven-day period.

Source: Banque de France

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