April 18, 2023
Westpac Group, a financial services company based in Australia, is partnering with Armaguard to deliver almost 7,000 fee-free ATMs to multiple locations. With this partnership, Westpac, St. George, BankSA and Bank of Melbourne customers will be able to make ATM withdrawals and check account balances without fees, according to a press release.
"While the way Australians are banking is changing, access to cash remains important for some consumers," Chris de Bruin, chief executive, consumer and business banking, Westpac, said in the release. "Through our agreement with Armaguard, we're providing a significant increase in the number of locations where our customers can withdraw cash fee free and check their balances to help them stay in control of their spending, including in locations where we do not have a physical presence."
Of the ATMs, 500 will be deployed in regional, rural and remote locations.
"This is another significant investment in our customers aimed at expanding access and making it easier to perform their banking anywhere, anytime," Bruin said in the release. "Whether through digital and virtual banking, investments in our branch network like our co-locations, or through our valued agreement with Armaguard, we're looking to the future to ensure customers can do their banking in more ways than ever before."