this post was submitted on 25 Nov 2023
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[–] [email protected] 23 points 11 months ago (12 children)

Sorry for the ignorance, but you have to pay to withdraw money from your bank in the US?

[–] [email protected] 25 points 11 months ago (4 children)

From your bank in person, no. From your bank's own ATM, no. From an ATM run by another bank out of network, yes, there are often fees and your bank will waive them under certain circumstances.

[–] [email protected] 2 points 11 months ago (1 children)

If it’s run by another bank out of network, your bank cannot waive them. The fees are set by the owner of the ATM and that fee goes to them.

Your bank can just cover/refund the fees for you.

[–] [email protected] 3 points 11 months ago

Yes, I understand that, since obviously they're two separate entities. Often banks themselves have a fee, which they waive. Then they reimburse the fee the other party charged.

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