Tuesday, July 19, 2005

Choice

Fee-charging cash machines (ATMs) are aiding rather than hurting consumer choice, the government has said.
The government welcomed the spread of over 20,000 fee-charging ATMs as convenient and not posing a threat to the free-to-use machine network.

How come whenever a government think tank encourages us to have a choice about something it csts us money?

2 comments:

Jonathan said...

It doesn't help that the fee charging machiones are usually located where there is a dearth of banks with ATMs (rough estates, motorway services and advertised on the window of a "massage parlour" I went past in Bristol...). As such, the choice is use the machine or go a long way to find a free one. As a a matter of interest, what happens abroad - I never take money out when on holiday?

greenus dickus said...

Most overseas banks have the decency not to charge for withdrawing your money from their bank.
However, your bank will almost certainly charge you.