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ASB removes fees for customers using other banks’ ATMs

Tuesday, February 20, 2018

ASB removes fees for customers using other banks’ ATMs

ASB is removing fees for customers who use ATMs belonging to other major New Zealand banks.

ASB customers are not charged for using ASB ATMs but currently incur a $1 fee for using another bank’s ATM which banks in New Zealand charge each other. The cost of these fees will be absorbed by ASB.

“We support industry moves to eliminate this fee,” says Russell Jones, ASB’s Executive General Manager for Retail Banking. “This change will benefit our customers and provide them with a greater level of freedom and flexibility to decide when and where to access their money.”

The change is effective from 31 March 2018.

ENDS

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