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New charges for using ATMs ‘extortionate’

Some ATMs across the county are charging customers almost £1 to withdraw their own money.
The ATMs operated by Cashzone in shops and in locations other banks, have recently introduced a charge of 95p to withdraw cash from a bank account.
The Which? study shows that a transaction charge has been imposed on over 1,700 ATM’s across the UK in the first three months of this year, and the charge has been blasted by users.
Local councillor Paul Blake says any charge on using an ATM is ‘extortionate.’
“I think this is very hard on the most vulnerable in society as it impacts on people having to pay to withdraw cash. 
“On a night out, it encourages people to withdraw more money at the one time which can result in them spending more than they intended. 
“Many people are already living on minimum wage and suddenly it is costing them more money to withdraw their own money. It is unacceptable,” he said.
Retail NI fears that the transaction charge coupled with the robberies will lead to the removal of more ATMs.
 Retail NI Chief Executive Glyn Roberts believes that the charge will result in the removal of ATMs ‘which will have a huge impact on rural communities who rely on a local ATM to withdraw cash.’
“The most vulnerable in society will be affected by this It is completely unacceptable for any consumer to have to pay 95p every time they use an ATM to withdraw their own cash. 
“This transaction charge will result in less footfall and trade for our members as consumers will go elsewhere to access cash, said Mr Roberts. 
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