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Posted

Banks are withdrawing ATM's due to the cost of servicing them. With the reduction of branches and tellers, and people requiring access to cash, this has left it up to privately owned ATMs. They also have to be serviced by companies like Brambles to top up the cash dispensers, which costs money, hence the charges. Private ATM owners also have to pay rent to shopkeepers for the space the ATM occupies.

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Posted (edited)

Pity the banks don’t pick up all those costs themselves seeing the ATM’s are there so people can get access to their bank accounts. They make enough money as it is.

Edited by rgmwa
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