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MCC 6010 — Financial Institutions — Manual Cash Disbursements

Assigned to banks and financial institutions processing manual over-the-counter cash withdrawal transactions.

MCC Code

6010

Industry

Financial Services

Risk Level

Medium

Overview

MCC 6010 covers manual cash disbursement transactions at bank branches and financial institution counters. These are typically teller-assisted withdrawals where the cardholder presents their card for a cash advance or withdrawal at a bank counter rather than using an ATM.

Transaction Profile

Mid to high value, low frequency, card-present, teller-assisted, identity verification required

Card Network Notes

Visa and Mastercard treat these as cash advance transactions. Higher interchange rates and cash advance fees typically apply. Daily limits may be imposed by issuers.

Risk & Compliance

Risk is low to medium. Manual cash disbursements carry inherent fraud risk due to the cash-out nature of the transaction. Strong identity verification at the teller window mitigates most exposure. Networks monitor for velocity patterns that may indicate cash-out fraud schemes.

Common Merchants

Barclays, HSBC, NatWest, Lloyds, Citibank, Wells Fargo, Chase, Bank of America, TD Bank, Santander

Transaction Profile

Mid to high value, low frequency, card-present, teller-assisted, identity verification required

Card Network Notes

Visa and Mastercard treat these as cash advance transactions. Higher interchange rates and cash advance fees typically apply. Daily limits may be imposed by issuers.

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