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sandyRoe | 11:52 Wed 21st Sep 2022 | ChatterBank
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What's in it for the companies who provide them? I imagine they're not altruistic.
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You Bank pays. Most will be Bank to Bank so cancels out, its just the non Bank machines that your Bank pays for. At some point I see 'free' banking going, to be honest I really dont understand why it has lasted so long. When I was in NY my account was only free provided I kept $1500 balance in it. And no teller either, that was extra.
12:05 Wed 21st Sep 2022
They get their chicks for free.
You Bank pays.

Most will be Bank to Bank so cancels out, its just the non Bank machines that your Bank pays for.

At some point I see 'free' banking going, to be honest I really dont understand why it has lasted so long. When I was in NY my account was only free provided I kept $1500 balance in it. And no teller either, that was extra.
I often see machines displaying a sign saying
'free cash machine'

I haven't yet been able to get any free cash out of any .

What am i doing wrong ?
// When I was in NY my account was only free provided I kept $1500 balance in it.//

another crap American import

charging will just make cash last longer innit?
Santander said the same - the CEO said - "zay shood pay us to keeeep zair monny!"
keep lasted about 5 s. Svelte spanith girl of course
keeeeeeeeepzair
Youngmafbog has largely answered your question, Sandy, but there's a bit more detail (such as the actual amounts that the machine operators get paid for each transaction) provided here:
https://www.chroniclelive.co.uk/news/cost-of-living/atm-bank-money-cash-machine-24930114
I wish the ones near me were re-stocked more frequently.
Too often the display shows "Insufficient Funds"
Have you managed to get a free cash machine though Bazile? Bit heavy to drag home.

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