In article <[email protected]>,
"Markku Grönroos" <[email protected]> wrote:

    > least not solely). You can manage in Finland without banking notes.

What do they use, cell phones which can be used to draw money directly
from your bank accounts?

"poldy" <[email protected]> kirjoitti viestissä
news:[email protected]...
    > In article <[email protected]>,
    > "Markku Grönroos" <[email protected]> wrote:
    > > least not solely). You can manage in Finland without banking notes.
    > What do they use, cell phones which can be used to draw money directly
    > from your bank accounts?

Among other things, yes. More generic way is that vendors charge one's
plastic cards.

"Markku Grönroos" <[email protected]> wrote in message
news:[email protected]...
    > "poldy" <[email protected]> kirjoitti viestissä
    > news:[email protected]...
    > > In article <[email protected]>,
    > > "Markku Grönroos" <[email protected]> wrote:
    > >
    > > > The entire policy is very weak. Problem is obviously structural rather
    > than
    > > > anything else. ATM networks should be established by external
companies
    > who
    > > > focus on this particular service of maintaining ATM networks. They can
    > be
    > > > owned by syndicates of financial institions or then not. In this
fashion
    > you
    > > > can avoid this silly division to the ATMs used by likely account
holders
    > on
    > > > one hand and to the ATMs for which this relationship is by far less
    > probable
    > > > on the other hand. For instance in Finland geographic position does
not
    > > > have any effect whatsoever on terms to withraw money. One machine is
    > like
    > > > any other. This is the only reasonable way to go.
    > >
    > > BAnks and other financial institutions can't put them everywhere.
    > >
    > I don't see a single reason why couldn't they. They can in Finland.

You have one in your house? Probably $30,000+ for each machine. You want a
return on your investment?

"Calif Bill" <[email protected]> kirjoitti viestissä
news:[email protected] nk.net...
    > You have one in your house? Probably $30,000+ for each machine. You want
a
    > return on your investment?
I don't follow.

On Tue, 04 Jan 2005 22:48:56 -0600, [email protected] (Miguel Cruz)
wrote:

    >Calif Bill <[email protected]> wrote:
    >> "Miguel Cruz" <[email protected]> wrote:
    >>> If your bank charges you a fee for each withdrawal, you have the wrong
    >>> bank.
    >> Most US banks will charge you the ATM fee they pay when you use an ATM that
    >> is not theirs. If you use their own, there is no charge.
    >Most might, but there are still more than enough that do not.
    >I find this to be one of the easiest indicators of a bank's general attitude
    >about its customers and about nickel-and-diming them.

There are even banks that will refund any charges the other bank
lays on you.

************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *

poldy <[email protected]> wrote:
    > "Markku Grönroos" <[email protected]> wrote:
    >> least not solely). You can manage in Finland without banking notes.
    > What do they use, cell phones which can be used to draw money directly
    > from your bank accounts?

In Singapore you can even buy a Coke from a machine with your cellphone.
Send a text message to the number posted on the machine, you instantly
receive a code to punch into the machine and receive your drink. The cost of
the Coke goes on your phone bill.

miguel
--
Hit The Road! Photos from 32 countries on 5 continents: http://travel.u.nu

Markku Grönroos <[email protected]> wrote:
    > "poldy" <[email protected]> wrote:
    >> BAnks and other financial institutions can't put them everywhere.
    > I don't see a single reason why couldn't they. They can in Finland.

Didn't we just get through agreeing that Finland had fewer ATMs than most
similar countries? So evidently they can't and/or don't.

miguel
--
Hit The Road! Photos from 32 countries on 5 continents: http://travel.u.nu

"Hatunen" <[email protected]> kirjoitti viestissä
news:[email protected]...
    > On Wed, 5 Jan 2005 23:02:36 +0200, "Markku Grönroos"
    > "Otto" machines seem to be everywhere in Finland. Is Otto a
    > specific bank?
No, it is owned by a bangking syndicate.

"Miguel Cruz" <[email protected]> kirjoitti viestissä
news:[email protected]...
    > Markku Grönroos <[email protected]> wrote:
    > > "poldy" <[email protected]> wrote:
    > >> BAnks and other financial institutions can't put them everywhere.
    > >
    > > I don't see a single reason why couldn't they. They can in Finland.
    > Didn't we just get through agreeing that Finland had fewer ATMs than most
    > similar countries? So evidently they can't and/or don't.
You are all wrong.

"Hatunen" <[email protected]> kirjoitti viestissä
news:[email protected]...
    > On Wed, 05 Jan 2005 16:11:42 -0600, [email protected] (Miguel Cruz)
    > wrote:
    > >Markku Grönroos <[email protected]> wrote:
    > >> "poldy" <[email protected]> wrote:
    > >>> BAnks and other financial institutions can't put them everywhere.
    > >>
    > >> I don't see a single reason why couldn't they. They can in Finland.
    > >
    > >Didn't we just get through agreeing that Finland had fewer ATMs than most
    > >similar countries? So evidently they can't and/or don't.
    > I'm not sure who agreed, nor what a "similar" country is. But
    > I've had little trouble finding ATMs in Finland.
The number of ATMs has decreased in recent years (and this has caused some
debate whether the tendency is good) about by 100 machines annually. It is
not a matter of resource but of demand.

On Wed, 05 Jan 2005 16:10:20 -0600, [email protected] (Miguel Cruz)
wrote:

    >poldy <[email protected]> wrote:
    >> "Markku Grönroos" <[email protected]> wrote:
    >>> least not solely). You can manage in Finland without banking notes.
    >> What do they use, cell phones which can be used to draw money directly
    >> from your bank accounts?
    >In Singapore you can even buy a Coke from a machine with your cellphone.
    >Send a text message to the number posted on the machine, you instantly
    >receive a code to punch into the machine and receive your drink. The cost of
    >the Coke goes on your phone bill.

A week ago my son arrived at Leeds Bradford International Airport and
forgot to collect the GBP30 from an HSBC ATM. He found out at the end
of a taxi ride that he had intended to pay with the GBP30 he had
withdrawn. He phoned the airport manager who sent somebody to look to
see if there was any sign of the cash. Nothing. Next day he phoned
HSBC who put him through to somebody who said there was no excess in
the machine. Today he got a letter from HSBC saying that the machine
had reported that he had not taken the cash, and if he would like to
confirm that he had forgotten to take the cash, his account would be
credited in two days. Good eh?
--
Martin

On Wed, 5 Jan 2005 23:02:36 +0200, "Markku Grönroos"
<[email protected]> wrote:

    >"poldy" <[email protected]> kirjoitti viestissä
    >news:[email protected]...
    >> In article <[email protected]>,
    >> "Markku Grönroos" <[email protected]> wrote:
    >> > The entire policy is very weak. Problem is obviously structural rather
    >than
    >> > anything else. ATM networks should be established by external companies
    >who
    >> > focus on this particular service of maintaining ATM networks. They can
    >be
    >> > owned by syndicates of financial institions or then not. In this fashion
    >you
    >> > can avoid this silly division to the ATMs used by likely account holders
    >on
    >> > one hand and to the ATMs for which this relationship is by far less
    >probable
    >> > on the other hand. For instance in Finland geographic position does not
    >> > have any effect whatsoever on terms to withraw money. One machine is
    >like
    >> > any other. This is the only reasonable way to go.
    >> BAnks and other financial institutions can't put them everywhere.
    >I don't see a single reason why couldn't they. They can in Finland.

"Otto" machines seem to be everywhere in Finland. Is Otto a
specific bank?

************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *

Hatunen <[email protected]> wrote:

    > On Wed, 05 Jan 2005 16:11:42 -0600, [email protected] (Miguel Cruz)
    > wrote:
    >
    > >Markku Grönroos <[email protected]> wrote:
    > >> "poldy" <[email protected]> wrote:
    > >>> BAnks and other financial institutions can't put them everywhere.
    > >>
    > >> I don't see a single reason why couldn't they. They can in Finland.
    > >
    > >Didn't we just get through agreeing that Finland had fewer ATMs than most
    > >similar countries? So evidently they can't and/or don't.
    >
    > I'm not sure who agreed, nor what a "similar" country is.

It has among the lowest incidence of ATM's per capita of an EU country.

That's all that was meant by similar.

    > But I've had little trouble finding ATMs in Finland.

I've had zero problems finding ATMs in Egypt (yes, not Europe I know)
but they're pretty scarce there in _comparison_ to EU countries.

--
David Horne- www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk

Markku Grönroos <[email protected]> wrote:

[]
    > The number of ATMs has decreased in recent years (and this has caused some
    > debate whether the tendency is good) about by 100 machines annually. It is
    > not a matter of resource but of demand.

Do you run a bank? How do you know it isn't both? Finns, as I also
pointed out, make among the largest single withdrawals when they're at a
machine for an EU country. In the UK, at least one bank has advised that
its customers make larger, less frequent, withdrawals as an economical
measure.

--
David Horne- www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk

"chancellor of the duchy of besses o' th' barn"
<[email protected]> kirjoitti viestissä
news:1gpxv26.1e9v3e5126mqbdN%this_address_is_for_s [email protected]...
    > Markku Grönroos <[email protected]> wrote:
    > []
    > > The number of ATMs has decreased in recent years (and this has caused
some
    > > debate whether the tendency is good) about by 100 machines annually. It
is
    > > not a matter of resource but of demand.
    > Do you run a bank? How do you know it isn't both? Finns, as I also
    > pointed out, make among the largest single withdrawals when they're at a
    > machine for an EU country. In the UK, at least one bank has advised that
    > its customers make larger, less frequent, withdrawals as an economical
    > measure.
I don't get your point.