The central bank has approved a Rs 2 increase in ATM interchange fees for financial transactions and Re 1 for non-financial transactions. Customers of smaller banks may feel the pinch more, as they ...

(File Photo)(Bloomberg) Withdrawing cash from ATMs will become costlier from May 1, as the Reserve Bank of India (RBI) has raised interchange fees, a DD News report said, on Tuesday. This hiked ...

A bank charges this fee for providing ATM services to another bank. This fee, usually a fixed amount per transaction, is often passed on to customers as part of their banking costs. The increase ...

Some TD Bank customers may notice a random credit given to their account by the bank. That’s because it’s a refund for ...

The Central Bank of Nigeria has released all commercial banks and financial institutions approved charges on customers' bank ...

These charges will be applicable once users exhaust their free monthly limits; Five transactions in metro cities and three in non-metros at other banks' ATMs. The Reserve Bank of India (RBI ...

The Reserve Bank on Friday (March 28, 2025) permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by ₹2 to ₹23 per transaction from May 1. Customers are ...

If you often rely on ATMs for cash, you’ll need to brace for higher charges starting May 1, 2025. The Reserve Bank of India (RBI) has approved a hike in ATM fees, which means withdrawing cash or ...

Beyond these free transactions, customers will incur charges for each ATM transaction based on the policies approved by the respective bank's Board. The maximum charge per transaction is Rs 21 ...

Mumbai: The Reserve Bank ... bank's ATMs. For customers using ATMs of other banks, three transactions per month will be free in metro cities. Additionally, the RBI has clarified that these charges ...

The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1. Customers are eligible for five ...

When her brother withdrew the money from an ATM outside his bank’s network, he lost an additional N100 in withdrawal fees. Had he used a POS agent, the cost could have been even higher ...