Being a user of ATM, are you aware of the charges you pay for every transaction you do with another bank’s automated teller machine?
If not, you should be cautious because you might be shocked when you see charges on your account which you do not remember. Even though they charge you for every transaction, a withdrawal transaction is charged differently from a normal balance inquiry.
The charge can amount to P15.00 for every withdrawal transactions; and P2.50 when you do balance inquiry, but note that different banks have different charges; that’s what this article is all about.
Here are the chart that dictates how much your bank charges you for every interbank transaction you make.
Recopy the chart!
To summarize, some banks debit as low as P10.00 while some charge P15.00. However, banking-giants like Citibank won’t charge you for anything.
Take note that the charges here are deducted on your account. The banks listed is the representation of your ATM card not the ATM itself. So to narrate it, if you use your Bank of the Philippine Islands (BPI) card elsewhere, expect a P15.00 deduction (for withdrawals) and P1.50 (for balance inquiry)
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