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Originally Posted by Scarlett
As for the charging in malls and stuff. What's happening is that Banks (who've realised that the public will NOT accept £1.50 per withdrawal no matter what fancy spin the put on it) have stopped to put in new cash machines (and have started to remove some), especially in rural locations.
This niche has now been filled by private companies who can charge and people accept it because its 'not a bank' doing it. If I have to make a withdrawal from one of these machines, I make sure that I take out £50+ so that the extra £1.50 doesn't seem too bad.
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Yes, but the real issue is that behind the scenes the banks are now starting to buy up these "private companies" (Moneybox the largest charging ATM operator is now owned by the Royal Bank of Scotland / NatWest) so you may in fact be charged by
your bank to withdraw money, already.
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