The Government detects new abusive commissions at ATMs an
Feb 20, 2024 0:49:26 GMT -5
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Post by account_disabled on Feb 20, 2024 0:49:26 GMT -5
Banks are charging an improper fee for withdrawing money that new regulations prohibit The big banks justify the charge for withdrawing money from their ATMs: It costs us 900 million to maintain them Money without double commission in 18,000 ATMs after the Bankia-Sabadell pact The anti-commission pact in Bankia-Sabadell ATMs hides a revenge against Santander, BBVA and CaixaBank ING Direct and BBVA fight over the collection of commissions at ATMs What is hidden behind the 'war of the ATMs' Santander and BBVA are committed to distancing themselves from CaixaBank and not charging the second commission at ATMs ATM. ATM. Financial institutions are charging more commissions than they should at ATMs. It is one of the collateral effects of the decree law that put an end to the double surcharge in the terminals. The new regulations prevent direct charging to the client, but also prevent them from being charged 1.5 euros more than what their bank pays to the owner of the ATM.
Since last October 3, the Government has prohibited ATM owners from charging non-customers directly . The two-euro commission that CaixaBank imposed in March, and that the other two large banks Santander and BBVA later intended to imitate, may continue to be charged, but not directly from the person who withdraws the cash , but from their bank. The entity will then have to decide, finally, whether to assume that amount against its accounts or pass it on to the client , in which case it will end up Middle East Mobile Number List paying it the same as now. Furthermore, as El Confidencial reported last week, the new regulations establish that the client cannot be charged more than what their bank pays to the owner of the ATM . But it continues to be done. The decree law establishes a transitional period of technical adaptation until January . But this period expressly refers to the modifications necessary to stop charging the new commission (the 2 euros) to clients in order to charge it to the bank, to report it on the screen and to establish different amounts depending on the agreements that can be achieved between entities.
Give up abusive charging in two months Until now, therefore, there was a grace period to stop overcharging for the previous commission . However, as El Confidencial Digital has learned, through financial sources familiar with the process, the Government will now give a period of two months , that is also until next January, for the entities to abandon this abusive practice. This has already been conveyed to the main financial groups in the country, in subsequent contacts with the Bank of Spain to evaluate the first steps of the new model for charging commissions at ATMs. The entities maintain that no one had urged them, until now, to desist from these charges and that is why they continue to be made. However, the supervisor is responsible for demanding compliance with this regulation , so the end of this abusive commission will ultimately depend on the Bank of Spain.The Prisa Group is willing to sell Santillana to settle the debtdemocracy The President of the Government, Pedro Sánchez and the First Vice President of the Government and Minister of Finance, María Jesús Montero, The disaster in Galicia leads Sánchez to prohibit further transfers in the amnesty The Popular candidate for the Xunta, Alfonso Rueda, together with the general secretary of the party in Galicia, Paula Prado, celebrates the victory during the monitoring of the electoral day of the regional elections in Galicia.