fbpx
Skip to main content
New Financial Assistance Hub

Major banks abolish ATM fees

24 September 2017

Statement from Anna Bligh, Australian Bankers’ Association Chief Executive

“The ABA welcomes the announcement from the major banks today to abolish ATM fees.

“It’s a boon for customers and makes banking more affordable for everyday Australians.

“This is the latest in a suite of initiatives by banks to create better products and services for customers and boost customer choice, including reducing interest rates on credit cards and offering fee-free transaction accounts.

“A competitive banking system is good for customers and good for the sector.”

ENDS

Contact: Stephanie Arena 0477 470 677 or Nathalie Samia 0410 348 531

@austbankers

bankers.asn.au

Latest news

1 / 3
Media Releases
Ensuring debit cards in mobile wallets
23 December 2024

The Australian Banking Association (ABA) is informing customers about an important update that may affect some debit cards used in mobile wallets. Australian Payments Plus (AP+) is implementing a technical update to ensure that consumers can continue to make payments via eftpos from 1 January 2025. A small number of consumers who added their debit… Read more »

Read more
Media Releases
Regulatory initiatives grid pilot a step in the right direction
19 December 2024

The Australian Banking Association welcomes the launch today of the Regulatory Initiatives Grid (RIG) pilot as an important step forward in improving transparency of the regulatory pipeline across key Government agencies and regulators.   ABA CEO Anna Bligh said better coordination of regulation would provide additional certainty for Australian banks.  “Banks recognise that effective regulation is… Read more »

Read more
Media Releases
New RBA data shows rapid rise in digital payments
9 December 2024

New data released today from the Reserve Bank of Australia (RBA), shows Australians continue to embrace the ease of mobile wallets when making payments. For the first time, the RBA’s latest monthly retail payments data includes a snapshot of newer payment technology, showing more than 500 million payments were made via mobile wallets in October,… Read more »

Read more