UK ATM firm will begin charging customers 95p to withdraw cash
A FIRM that owns a fifth of the UK’s free cash machines will start charging customers nearly £1 to withdraw money, it emerged last night.1The change will come as a blow to the elderly, low earners and small businesses and may result in machines being shut down if they become unprofitable.
It comes after high street banks slashed the fees they pay to free ATM operators for each withdrawal from 25p to 22.5p. Notemachine chief Peter McNamara told The Daily Mail: “It’s just not sustainable and it’s causing a collapse in the number of ATMs in the country.” The firm has not set a date for the new charge and says its machines at supermarkets and other big businesses are likely to remain free to use.SWITCHCRAFT is a free service that finds you the right energy deal - and you could save up to £518 a year.You’ll automatically be switched at the end of your new plan when a cheaper deal comes up
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