Cryptocurrency Q&A
What is ATM cost?
What is ATM cost?
Elena
Thu Oct 31 2024
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5 answers
1294
I would like to know what ATM cost refers to. Specifically, I'm interested in understanding the fees or charges associated with using an ATM for various transactions.
5 answers
EthereumEmpire
Sat Nov 02 2024
In the year 2023, the average ATM fee soared to an unprecedented high of $4.73.
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DaeguDivaDance
Sat Nov 02 2024
A study conducted by Bankrate revealed some startling information regarding ATM fees.
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ZenBalance
Fri Nov 01 2024
This fee is composed of two main components. Firstly, there's an average surcharge of $3.15 imposed by the ATM owner.
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SoulWhisper
Fri Nov 01 2024
Secondly, an additional average charge of $1.58 is levied by one's own bank for using an ATM that's not part of their network.
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CryptoConqueror
Fri Nov 01 2024
Such high fees can be a significant burden for individuals who frequently need to withdraw cash from out-of-network ATMs.
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