* UPDATE 270117: The banks and cash-dispenser providers duly met but failed to agree on a course of action. They plan to meet again this October 2017
TIRED OF BEING CAUGHT OUT by cash dispensers that make whopping charges for their services? Soon you may be unable to find an ATM that doesn’t.City watchers say a fee of up to £2.50 is likely to be introduced to thousands of ATMs if banks and cash-dispenser provider firms cannot agree among themselves on what to charge one another for sharing withdrawals. The bankers are meeting in London this week.
Loving Dalston has always been impressed by the number of people who can afford to use the dispenser in a wall of the Turkish Food Centre, in Ridley Road E8 2PH, which snaffles a tasty £1.85 from every transaction.
A middle-aged woman using the machine this morning told Loving Dalston that the nearest “free” machines, 500m away in the high street, were too far to go. “What can I do?” she said, “I’m not going to walk all the way,” before crossing the road to Ridley Road Market and ambling west towards the high street.
Hamish Scott 220117
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