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California OKs fees for foreign ATM users

September 26, 2005

Sacramento Bee:Independent ATM owners in California will be allowed to charge foreign users a transaction fee. The legislation, which was signd in California Sept. 22, becomes effective Jan. 1.

An omission in state law had prevented the independent ATM owners from collecting fees from foreigners visiting California for business or tourism.

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Read also: Calif. Assembly OKs bill closing ATM surcharge loophole; Update: California ATM-fee bill sails to Assembly floor; Lawmakers address inequity in ATM fees.