Aussie bank decides to cut foreign ATM fees

Aussie bank decides to cut foreign ATM fees
Tags: Asia, Australia & Pacific, Bank / Credit Union, Transaction Processing, Trends / Statistics
March 11, 2009

The Age: National Australia Bank Ltd. says it has eliminated its 50-cent fee for customers who use other banks' ATMs. NAB's move falls in line with other Australian banks' decisions to cut the foreign-use fees they charge their own customers. Reserve Bank of Australia made a similar announcement earlier this month, in the wake of direct-charging, which was recently implemented in the country.

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