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ATM Charge increase fees

            Bank request for  Additional Charge Fee
   Each balance inquiry cost P2.00 charge when you inquire your balance at the ATM. And P10.00 plus when you withdraw cash. This amount is per transaction, it big charge for those whose basic salary is minimum because of every cent count with them.

    Since many people would be affected by this proposal the BSP analyze well the request of some Banks. From P15 they ask to increase P30 per single bank transaction interbank. According to some officers, it's might harm to some consumers since 58million cardholders receive their money twice a month and withdraw their salaries.

     Any charge fee still under BSP. The amount of bank request is a high charge. Even the moratorium removed already, BSP still has the authorized to finalize their request. They can't be approved yet the request of some Banks due to it's hard to find own Bank location, which no charge fee.
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