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What is a ATM charge?

Updated: 9/21/2023
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Wiki User

12y ago

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An ATM charge is when you are using an ATM that is not the ATM of your bank' company. Therefore, they charge you for it

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12y ago
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misganaw mekonnen

Lvl 1
2y ago
it is interesting but what is the limitation of ATM

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Q: What is a ATM charge?
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What is an ATM surcharge?

This is a fee you will have to pay for using the ATM. Your bank may charge you a fee, as well as the company who owns the atm.


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An ATM Surcharge is the service charge that you have to pay for using a private ATM or the ATM of some other bank. For ex: If you have a Bank of America ATM and opt to use a private ATM machine in a shopping mall or a Chase bank ATM, then you will charged a surcharge for using an ATM that is not in Bank of America network because - the owner of the ATM would charge Bank of America for its customer taking money from their ATM


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Own Bank ATM means that the Bank owns the ATM. If you are a customer of this bank then there is (usually) no charge from withdrawing your own money from your account using this ATM. If the ATM were owned by another bank, you would most likely have to pay a charge to withdraw money from your bank's account.


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When using paypal card at any ATM is fee free?

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