BAP: ATM fee policy promotes ‘efficiency’

Feb 11, 2021 1:34 am

The country’s biggest banks welcomed on Wednesday the acquirer-based automated teller machine (ATM) fee policy of the Bangko Sentral ng Pilipinas (BSP), whose imminent implementation a consumer advocacy group sees as ill-timed, given the ongoing coronavirus pandemic and the government’s push for a more digital economy.

Consumers line up at different automated teller machines inside a mall in Makati City. (TMT File Photo)

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.