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Bank Claim: Cash machine charges 'disgraceful'

Which? has criticised the move by a number of high street banks to implement policies which will see some of their customers charged to withdraw their own money from various cash machines.

The group's executive director Richard Lloyd said it was a particular "disgrace" that RBS was one of those banks, as it is owned by the British tax-payer.

More than a million current account holders will not have free access to their cash and they will experiences extra charges and inconvenience, stated Mr Lloyd.

"These changes could force them to stop using their account and go back to managing all of their money in cash - imposing extra costs at a time when they can least afford it," he added.

He called on RBS and all banks to reverse their intentions and make cash machines freely available.

Chairman of the Treasury Select Committee Andrew Tyrie also recently asked Lloyds TSB and RBS to reconsider.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.    ADNFCR-2776-ID-801233041-ADNFCR



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