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#408895 - 05/29/11 05:10 PM Rip-off on the Local ATM
Uncle Sam Offline
We noticed, since today, when you use the Belize Bank ATM at Wings with your Belize Bank Debit Card, Wings will charge you 3$ service fee.

Better a get a beer for 3$ from the china men and walk, to Ritchie, Island Supermarket or the Belize Bank and to your cash advance there.
Conquer the devils with a little thing called love!"

#408911 - 05/30/11 11:16 AM Re: Rip-off on the Local ATM [Re: Uncle Sam]
Bear Offline
Private/standalone ATM's in stores usually do charge a fee. Buckfifty $US is low compared to some I've seen.

#409149 - 06/02/11 10:38 PM Re: Rip-off on the Local ATM [Re: Uncle Sam]
Charleswoodboy Offline
Some of then at home in Canada have a charge of $2.50, so $5 Belize.. Price of a cashless society..
When the power of love replaces the love of power, we will have peace on earth - Jimi Hendrix

#409153 - 06/02/11 11:21 PM Re: Rip-off on the Local ATM [Re: Uncle Sam]
sharyn and bob Offline
We've found that our local Atlantic Bank ATM has just reduced its maximum allowable withdrawals to $500 BZE (from $1000 BZE).

This means that we would need twice as many withdrawals (= twice as many service charges from our Canadian bank).

We don't understand why Atlantic Bank no longer needs our business.
It is in your moments of decision that your destiny is shaped

#409156 - 06/03/11 08:01 AM Re: Rip-off on the Local ATM [Re: sharyn and bob]
Originally Posted By: sharyn and bob
This means that we would need twice as many withdrawals (= twice as many service charges from our Canadian bank).

We don't understand why Atlantic Bank no longer needs our business.

You're blaming Atlantic Bank for fees charged by your Canadian Bank? Get real.

#409157 - 06/03/11 08:32 AM Re: Rip-off on the Local ATM [Re: ]
bywarren Offline
NO, they are blaming Atlantic Bank for reducing the amount available to withdraw from $1000 to $500 causing twice the fees.
Plus, those are fees charged by the Atantic Bank for using their ATM and collected by the Canadian Bank.

Edited by bywarren (06/03/11 08:42 AM)

#409159 - 06/03/11 08:47 AM Re: Rip-off on the Local ATM [Re: Uncle Sam]
Diane Campbell Offline
Only recently did we even get ATM's on the island. For all the years before an ATM opened people managed just fine.

#409162 - 06/03/11 09:13 AM Re: Rip-off on the Local ATM [Re: Diane Campbell]
bywarren Offline
Just to make myself clear, any bank has the right to charge a fee for services rendered. In this case the Atlantic Bank is advancing funds that they do not get back for a period of time and therefore have their funds tied up. Most banks do not charge an ATM fee for funds deposited and withdrawn from their bank. Services and conveniences many times come with a charge.

#409163 - 06/03/11 09:48 AM Re: Rip-off on the Local ATM [Re: Uncle Sam]
Inplub Offline
You are right you have to pay somebody to put money in the ATM.

#409177 - 06/03/11 10:56 AM Re: Rip-off on the Local ATM [Re: Inplub]
bywarren Offline
I believe if someone has an account in Scotiabank in
Canada, there are no ATM fees to access funds at any Scotiabank worldwide.
I know when I use ATMs around the world, my local bank has affiliations with a number of other banking institutions that do not charge me a fee as long as I use one of them.

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