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BofA charges ATM 'denial fee'

November 8, 2005

New York Daily News: Bank of America is now charging customers who try to withdraw more than their daily-limit at foreign ATMs. The transaction will be cancelled and BofA will charge the customer $1.50. The bank calls it an ATM denial fee. Consumer advocates call it a troubling development that comes as banks keep piling charges onto customers while reaping record profits.

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