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Filipino banks explore ways to cut ATM fees

June 6, 2007

(Philippines) Balita: Banking regulators in the Philippines are looking for ways to spur surcharge-free ATM networks that would provide more than 18 million users with a practical alternative to fee-based systems. Citing the United States' surcharge-free Allpoint ATM network as an example, one industry observer says surcharge-free transactions are "absolutely" possible.
 
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