Fees For Foreign ATM Rose Again

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Cost trap fees for foreign ATM cash withdrawals – who with his debit card at a kiosk, which belongs not to his bank, makes money, will be with the next statement, maybe a nasty surprise experience. As the magazine reported, their fees for the use of third-party machines have increased from 64 verified banks 33. The finance portal geld.de shows how you can avoid the cost trap. The evaluation of the terms and conditions of various financial institutions therefore showed that more than half of the audited banks or savings banks have increased their prices. The cost trap snaps whenever, if machines customers withdraw money which do not belong to the Federation of the own bank.

The fees can amount to up to 10 euros and thus have increased since a sample from June 2008 to double. The fees can be avoided only, if used exclusively, the machines of own house bank. In addition, clients changing their bank not only on the conditions should for the new account (www.geld.de/ girokonto.html) care, but also on whether there are enough ATMs in the region. Meanwhile, many banks offer credit cards money can be withdrawn with those at foreign machines free of charge. However, also in this model, there is one caveat: more than 80 savings banks have closed their booths for foreign credit cards. More information: presse.html contact: Lisa Neumann University first media GmbH barefoot streets 12 04109 Leipzig Tel: + 49/341/49288-240 fax: + 49/341/49288-59

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