Banks and Post Offices Under Fire Over Atm Fees

Summary


BANKS and post offices are condemned today by MPs for the spread of cashpoints, or ATMs, that charge customers 140m a year to withdraw their own money.

A report by the Treasury Select Committee criticises the high street banks for selling free machines to operators who typically charge 1.50 for each withdrawal.

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Extract


Banks and Post Offices Under Fire Over Atm Fees

Post offices, meanwhile, come under fire for not allowing individual sub-p...

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