answersLogoWhite

0


Best Answer

There usually is a penalty for using an ATM at another bank. This penalty is usually just a small monetary fee.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the penalty of using an ATM of another bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the penalty for using the atm of another bank?

your bank and the other bank may charge you a fee.


What is the penalty for using the ATM of a bank that is not your bank?

you get a fee from the bank


What is the type penalty for using the ATM of a bank that is not your bank?

Financial in the form of a fee.


What is the penalty of using another banks ATM?

yes is the best


When would an ATM charge a you a fee?

When you're using a generic ATM that's not linked to any bank. Or if you're using another bank's ATM that your card isn't associated with.


What do own banks ATM mean?

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.


What is the minimum amount per withdrawal in a day using ATM of another bank?

The minimum is zero


What is a ATM charge?

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


Whats the meaning for ATM surcharge?

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


What are the ATM fees for Bank of America?

"Bank of America charges non-members an ATM withdrawal fee of two dollars. If one of their members uses a non Bank of America ATM, then that bank usually has their own amount regulated (as a transaction fee, or penalty)."


WHAT IS NWD?

HDFC Bank ATM card's been used on another bank ATM Machine


How do you transfer a money from ATM to ATM?

You cannot money form one ATM to another ATM, you need to go to the bank to tranfer money to another account.