ATM Usage Fees - Australia

Australia

On 3 March 2009 Direct Charging (surcharging) on Australia’s ATM networks was introduced. The Reserve Bank of Australia says this reform will result in benefits to competition and efficiency in the Australian ATM system.

Most banks, (Commonwealth Bank, ANZ and Westpac/St.George) levy a $2 "ATM service fee" for withdrawals and balance inquiries at their ATMs by non-customers, NAB charges $1.50 (50c for an enquiry), Suncorp $2.20 (80c for an enquiry).

Suncorp and BankWest sponsored independent deployers are charging fees from $2, at these early stages $2.20 and $2.50 are not uncommon in pubs and clubs.

Bendigo Bank charges its customers $1.00 to use another bank's ATM. Bank of Queensland, CBA, Suncorp and Westpac/St.George do not charge any fee to use another bank's ATM. BankWest does not charge users for access to foreign ATMs.

ING Group operates as ING Direct in Australia and has accounts that reimburse any domestic ATM fee provided that a withdrawal is at least $200.

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