Tag Archives: ATM

SBI New ATM, Cash Transactions Service Charges. All You Need To Know

India’s largest lender State Bank of India, revised service charges on various cash transactions for its customers, effective from June 1. Announced in a circular on the SBI website on Thursday morning, the revisions initially created confusion among customers over news that all cash withdrawals through ATM will now be charged at Rs. 25 per transaction. The bank later clarified ... Read More »

Australians paying half a billion dollars a year in ‘unnecessary’ ATM fees

About 40% of transactions done at third-party machines, costing $548m in avoidable charges The total amount spent on ATM fees has fallen as Australians have moved towards electronic payments. Photograph: Bloomberg via Getty Images Australian Associated Press Australians are still forking out half a billion dollars a year in ATM fees they don’t need to be paying. Instead of withdrawing ... Read More »