B of A, China Construction Bank cut ATM fees

B of A, China Construction Bank cut ATM fees
Tags: Bank / Credit Union, Encrypting Pin Pads (EPP), Other, Transaction Processing, Trends / Statistics
March 22, 2006

Houston Chronicle: Bank of America Corp. has reached a deal with a Chinese bank to offer customers of both banks free ATM access while traveling abroad. Beginning April 1, B of A customers in China can use debit or ATM cards at more than 11,000 foreign-enabled ATMs operated by China Construction Bank. The Chinese bank's cardholders will enjoy the same benefit when using the nearly 17,000 B of A ATMs in the United States.