ATM Usage Fees - European Union

European Union

Rules are being introduced that will force banks to levy equal fees for customers of all banks in the European Union. This may mean national fees become higher. See Single Euro Payments Area.

These rules apply since 1 July 2002. Eurozone and Swedish customers are exempt from getting lower international fees outside Eurozone countries, because only fees for euro withdrawals are regulated. Non-Eurozone customers (except Swedish customers) are completely exempt from getting lower international fees, because the regulation only states that international euro withdrawals should be available at the same price as national euro withdrawals (and euro withdrawals are very uncommon in non-Eurozone customers' home countries).

Read more about this topic:  ATM Usage Fees

Famous quotes containing the words european and/or union:

    England is nothing but the last ward of the European madhouse, and quite possibly it will prove to be the ward for particularly violent cases.
    Leon Trotsky (1879–1940)

    Every good cause gained a victory when the Union troops were triumphant. Our final victory was the triumph of religion, of virtue, of knowledge.... During those four years, whatever our motives, whatever our lives, we were fighting on God’s side. We were doing His work. What would this country have been if we had failed?
    Rutherford Birchard Hayes (1822–1893)