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Be aware of bank withdrawal charges

Postby Yugocean » 31 Mar 2023, 04:45

There are many banks that charge one type of withdrawal or the other; you have to find out which type of withdrawal is free or charges minimal fee (this includes, but not limited to ATM, Counter). As far as possible, use free withdrawal only; if for some reason this is not possible, then make minimum fee withdrawal way as an option.
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Re: Be aware of bank withdrawal charges

Postby Treborika » 31 Mar 2023, 05:32

In my country withdrawal from the bank by the ATM is the cheapest option among all of the available means of bank withdrawals.
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Re: Be aware of bank withdrawal charges

Postby augusta » 31 Mar 2023, 05:43

Yes it is good to always use the withdrawal method with less charges I will go for palmpay with less charges to save money
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Re: Be aware of bank withdrawal charges

Postby nela13 » 31 Mar 2023, 10:19

The cheapest option in my country for banking transactions is online, most transactions are free of charge if done online. To withdraw money the ATM is the best. We should never do transactions directly at the bank's service counter to save money.
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Re: Be aware of bank withdrawal charges

Postby Pousinha » 31 Mar 2023, 17:29

Banks in my country let until 4 withdrawals per account per month for free in the ATM. I think it's good enough. I don't remember if they charge withdrawals into the bank, calling for a manager, as I never use this option.
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Re: Be aware of bank withdrawal charges

Postby Xynehappy » 31 Mar 2023, 21:55

Bank withdraw charges maybe quite very expensive. That's why I prefer use of debit card to transact online.
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Re: Be aware of bank withdrawal charges

Postby augusta » 01 Apr 2023, 04:18

Pousinha wrote:Banks in my country let until 4 withdrawals per account per month for free in the ATM. I think it's good enough. I don't remember if they charge withdrawals into the bank, calling for a manager, as I never use this option.


That is better as you still get to save money those times but not same here because we get charged all the time we withdraw here.
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Re: Be aware of bank withdrawal charges

Postby Yugocean » 01 Apr 2023, 17:20

In our country, Banks allow 2-3 times free ATM withdrawal from ATMs of other banks, but no fees from ATMs of same bank.
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Re: Be aware of bank withdrawal charges

Postby Pousinha » 05 Apr 2023, 17:06

In my country we cannot withdraw from ATM of a different bank. We are compelled to use the ATMs of the same bank of our currency account and credit/debit card.

augusta wrote:That is better as you still get to save money those times but not same here because we get charged all the time we withdraw here.


I'm sorry to hear of this mishap :(
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Re: Be aware of bank withdrawal charges

Postby Inem » 20 Apr 2023, 02:46

To cut everything short, use mobile wallets, they don't charge any amount for transactions.
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Re: Be aware of bank withdrawal charges

Postby augusta » 20 Apr 2023, 05:02

Inem wrote:To cut everything short, use mobile wallets, they don't charge any amount for transactions.


Yeah like opay or palmpay they don't charge but they do delay for some payment
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Re: Be aware of bank withdrawal charges

Postby Starmix » 20 Apr 2023, 05:45

The affiliated bank of my work charges ATM holders 100 pesos ( $3) per withdrawal. That is why, when I withdraw money, I have to make it one time to avoid charges for every withdrawal.
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Re: Be aware of bank withdrawal charges

Postby Nsikan » 16 May 2023, 04:10

Starmix wrote:The affiliated bank of my work charges ATM holders 100 pesos ( $3) per withdrawal. That is why, when I withdraw money, I have to make it one time to avoid charges for every withdrawal.
This is so not nice at all. You are not at liberty to withdraw money which means you have to be holding large amount of cash.
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Re: Be aware of bank withdrawal charges

Postby Abdulhamid001 » 17 May 2023, 20:32

I try to make sure I use my bank that deduct less charges when processing transactions and withdrawals, ever since then I have been able to make good use of my money.
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Re: Be aware of bank withdrawal charges

Postby Streamguy69 » 17 May 2023, 23:01

I have a list of atm machines that are free to me but I know a trick that works and it does not cost anything. You buy something at walmart ,or a grocery store and when it asks if you want cash back you say yes. it is free in most cases. I also know that at dollar tree they charge $1.00 when you ask for cash back so be careful when you go there.
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Re: Be aware of bank withdrawal charges

Postby Kenti » 18 May 2023, 02:06

I think the charges on e wallets are cheaper than banks. You can use them for your transactions.
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Re: Be aware of bank withdrawal charges

Postby astutimeliana723 » 21 May 2023, 23:09

I always choose bank services that save more on administration fees every month. Even if possible I will choose the one that is free of administration fees every month. For transfer services, sometimes I use applications that are free of transfer fees. That way I can save money.
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Re: Be aware of bank withdrawal charges

Postby Inem » 23 May 2023, 06:29

The best thing I do is using these online banks. They don't charge you for transactions.
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Re: Be aware of bank withdrawal charges

Postby augusta » 25 May 2023, 07:34

I have installed my opay app now that I can transfer money at no cost snd money is saved
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Re: Be aware of bank withdrawal charges

Postby Inem » 27 May 2023, 06:55

I believe that opay would bring in charges sometime across the line but let's keep enjoying for now.
augusta wrote:I have installed my opay app now that I can transfer money at no cost snd money is saved
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