Cash machines
Jan 24th 2012, 11:10 am
#1
BE Forum Addict
Thread Starter
Joined: Dec 2009
Location: Aracena area Huelva Spain
Posts: 1,631
Cash machines
My OH says it's La caixa that are charging a ridiculous 4 euros to take out 40.
Should I change my bank to one that doesn't charge at my local machine? If so...which one?
Sorry. 4 to take out 50. Still a ripoff!
Should I change my bank to one that doesn't charge at my local machine? If so...which one?
Sorry. 4 to take out 50. Still a ripoff!
Last edited by angiescarr; Jan 24th 2012 at 11:17 am. Reason: mistake in numbers
Jan 24th 2012, 11:19 am
#2
BE Forum Addict
Thread Starter
Joined: Dec 2009
Location: Aracena area Huelva Spain
Posts: 1,631
Re: Cash machines
Also, since this charge was to take money out of my business account for posting...is it tax deductible? 
Jan 24th 2012, 12:27 pm
#3
FreeThinker
Joined: Nov 2009
Location: the moors and levels
Posts: 9,702
Re: Cash machines
Don't quite understand. Is your bank La Caixa - or is that your local cash machine?
Jan 24th 2012, 2:02 pm
#4
squeaky clean
Joined: Mar 2010
Location: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing
Posts: 1,576
Re: Cash machines
AFAIK, all banks charge at ATMs if you dont belong to their bank??
Jo xxx
Jo xxx
Jan 24th 2012, 2:35 pm
#5
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,153
Re: Cash machines
Doubtless they are all trying to recoup lost monies via new charges but the system was:
There are 3 systems in Spain:
ServiRed
Euro 6000
Telebanco (I think it is still called)
all banks work with 1 of the above - so for instance I bank with Caja Murcia and they are with Euro 6000
so any withdrawal at a Caja Murcia branch machine costs nothing
at a Euro6000 machine with any other bank it costs a little
using my card with a non Euro6000 machine costs more.
So always use your banks machines firstly, secondly a machine of the same group type and lastly (in emergencies) at another type all together.
Of course the next problem is the outrageous charges they are now making for the cards for us not to use their employees thereby increasing their costs!
There are 3 systems in Spain:
ServiRed
Euro 6000
Telebanco (I think it is still called)
all banks work with 1 of the above - so for instance I bank with Caja Murcia and they are with Euro 6000
so any withdrawal at a Caja Murcia branch machine costs nothing
at a Euro6000 machine with any other bank it costs a little
using my card with a non Euro6000 machine costs more.
So always use your banks machines firstly, secondly a machine of the same group type and lastly (in emergencies) at another type all together.
Of course the next problem is the outrageous charges they are now making for the cards for us not to use their employees thereby increasing their costs!
Jan 24th 2012, 4:07 pm
#6
Forum Regular
Joined: Dec 2011
Posts: 106
Re: Cash machines
My bank is part of the ServiRed network. All withdrawals from any ATM on the ServiRed network are free for me. If I were to use Euro6000 or Telebanco ATM then I would charged a fee.
Jan 24th 2012, 4:11 pm
#7
BE Forum Addict
Thread Starter
Joined: Dec 2009
Location: Aracena area Huelva Spain
Posts: 1,631
Re: Cash machines
Doubtless they are all trying to recoup lost monies via new charges but the system was:
There are 3 systems in Spain:
ServiRed
Euro 6000
Telebanco (I think it is still called)
all banks work with 1 of the above - so for instance I bank with Caja Murcia and they are with Euro 6000
so any withdrawal at a Caja Murcia branch machine costs nothing
at a Euro6000 machine with any other bank it costs a little
using my card with a non Euro6000 machine costs more.
So always use your banks machines firstly, secondly a machine of the same group type and lastly (in emergencies) at another type all together.
Of course the next problem is the outrageous charges they are now making for the cards for us not to use their employees thereby increasing their costs!
There are 3 systems in Spain:
ServiRed
Euro 6000
Telebanco (I think it is still called)
all banks work with 1 of the above - so for instance I bank with Caja Murcia and they are with Euro 6000
so any withdrawal at a Caja Murcia branch machine costs nothing
at a Euro6000 machine with any other bank it costs a little
using my card with a non Euro6000 machine costs more.
So always use your banks machines firstly, secondly a machine of the same group type and lastly (in emergencies) at another type all together.
Of course the next problem is the outrageous charges they are now making for the cards for us not to use their employees thereby increasing their costs!
Jan 24th 2012, 4:49 pm
#8
BE Forum Addict
Joined: Apr 2010
Location: London (mainly)/Oliva
Posts: 2,137
Re: Cash machines
Yes looking at the receipt it's for a Euro600 machine. My bank is Lacaixa. Unfortunately living in a village there are very few options. I usually keep a bit of cash rather than using the card machines too much but things are a bit tight this month and it costs more to go to the town than to pay at the machine. But i don't call 4 euros a little on a withdrawal of 50 euros. It's 8 percent!
Jan 24th 2012, 6:17 pm
#9
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,153
Re: Cash machines
Suppose it's a minimum fee so on small withdrawals it looks outrageous. It's a shame the idea of cashback does not seem to have caught on over here.
Jan 24th 2012, 6:32 pm
#10
Started off with nothing
Joined: Feb 2009
Posts: 4,949
Re: Cash machines
All cash machines tell you, if and how much you will be charged before you withdraw the cash.
It costs money to maintain a service in small villages and it makes sense to support your local bank.
It costs money to maintain a service in small villages and it makes sense to support your local bank.
