Solons want Congress to regulate ATM transaction fees

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Bayan Muna Reps. Carlos Zarate and Ferdinand Gaite are set to refile a bill regulating fees of ATM transactions. | PathRoxasINQ

For his part, Surigao del Sur 2nd District Rep. Johnny Pimentel reminded banks that the cash being withdrawn from their ATMs are coming from their depositors.

On July 19, BSP issued Memorandum No. M-2019-020, “Lifting the Moratorium on Automated Teller Machine Fees.”

 

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