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Concerns People Will Be Charge...

National

Concerns People Will Be Charged For Taking Cash Out Of Independent ATMs

RedFM News
RedFM News

11:28 25 Sep 2023


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There are concerns people will be charged for taking cash out of independent ATMs.

AIB and Bank of Ireland sold around 1,200 non-branch ATMs to independent operators in 2021.

The Consumers' Association of Ireland claims they could charge 1 euro every time cash is withdrawn.

Association chairperson Michael Kilcoyne says they need to be regulated:

"These machines are owned by third party operators. They're not lease agreements. They were sold off. They only gave a commitment at the time that they weren't going to charge for three years, three years are now up. They're free to charge what they want. I want them regulated. They're not regulated".


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