According to news on July 24, according to media reports, the six major banks of Industry, Agriculture, China, Construction, Communications and Postal Savings announced thatFrom the 25th of this month, the handling fee for ATM inter-bank cash withdrawal in the same city and different places will be temporarily waived. Shanghai Pudong Development Bank, Industrial Bank and other banks will reduce the handling fee for ATM intra-city and cross-bank cash withdrawal to 3.5 yuan per transaction from the 25th.It is estimated that the scale of fee cuts and profits will be about 4 billion yuan per year.
According to industry insiders, my country’s inter-provincial and intra-provincial floating population is as high as hundreds of millions of people, and the development of information technology and the integration of system management have further narrowed the difference in business between the same city and different places.
These changes have put forward new requirements for cross-regional, cross-bank, and aging banking services, and it is imperative to reduce ATM cross-bank withdrawal fees.
my country currently has a large demand for ATM cash withdrawals in the same city and across provinces. Reducing the cross-bank cash withdrawal fees can better meet the needs of individual consumers for cash use.
After adjusting the landing,The cancellation of ATM inter-bank cash withdrawal fees has a certain positive significance for reducing the financial burden of individual consumers.
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