Resolved Question

Why is is costing money to withdraw cash from atm machines (UK)?

i have a debit card and recently i wanted to withdraw some cash from an ATM / hole in the wall

it said that it costed £1.80 per transaction which i had never had to pay in the past.

Is this some sort of new rule? and does it only happen with some machines?


10 points for the best answer!!
Thanks x

Best Answer - Chosen by Asker

The major banks/building societies don't charge a fee for withdrawls, even if you are with a different bank. However, there are various independent operators who operate cash machines, usually found in places such as pubs, small shops, petrol stations, hotels, etc. who do add a charge for using their service. All cash machines will warn you if they charge.

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Other Answers (5)

• Some ATM's are not affiliated with a specific bank as such and are a private company therefoe they charge these fees as there business. However all ATM's let you know if there is a charge first and lots of the better ones(attached to a bank) advertise on the screens no fees. Its just worth getting used to which ones you can use fee free and which ones you should steer clear of.
• Watch out, there are more charges about! I bank with the Ulster Bank and they have already informed me that I will be charged if I use an ATM that is not affiliated. It is typical! Banks can tell us about their unfair charges and we have absolutely no say. They are helped by government "watchdogs" that are about as much use as sick puppies.
  Banks are gloating over their extremely narrow victory in the Supreme Court at the moment, watch this space round two is coming up shortly. Confused? Visit www.moneysavingmatters.com and read all about what people are doing about it.

  Source(s):

• Which did you use, a bank one or the ones in the shop?
  
  The ones in a shop always charge, bu the bank ones I have never been charged.
• Some banks allow use of only ATMs in their own branches free, and some charge for the service anyway. Ask at your bank, and make a mental note of which ones are free.
• If the machine is not part of your bank network they will charge a fee. It should tell you on the atm if there will be a charge