Wednesday, January 04, 2012

[vhozplon] No fee ATM

A business, say a hotel, wishes to place an ATM on its site, as a "side" convenience for its customers.

With limited space available, it asks for bids and offers the space to the bank which charges the lowest ATM fees to non-bank-customers (not counting fees charged by the non-bank-customer's own bank), ostensibly trying to maximize convenience for the business's customers.

Why aren't deals like this happening?

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