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Monday, 21 September 2009

Scandalous charges for cash withdrawal highlighted.

Plaid Cymru’s Penri James raised his concerns over the scandalous increase in charges by privately-operated cash machines.

With the national average being £1.75 to withdraw money from these machines – with some charging as much as £2.50 for the service – calls have been made to warn people of the machines under scrutiny.

There are 32 of these privately-operated cash machines in Ceredigion, primarily located in village shops, on caravan sites and in public houses.

Commenting on the high charges faced by users, Plaid Cymru’s Penri James said:

“I am shocked to hear that people face extortionate charges to withdraw their money from their cash machines. I fail to see why people should have to pay to access their hard-earned cash! In some instances, people are charged £2.50 in order to withdraw £10 – that’s a charge of 25 per cent!

“There are 32 of the machines in Ceredigion, many of them located in towns and villages where there are no alternative options to withdraw cash for free. These cash machines also seem to have a growing presence in our public houses – especially in our local university towns where a fresh intake of students will soon be arriving.

“While there has been an increase in the number of free cash machines in Wales over recent months, it’s essential that adequate steps are taken to inform the public about the high charges levied by these privately-operated ATMs. I therefore hope that the UK Government will make a greater effort to regulate how much is charged by these machines and slow down their proliferation”.

A full list of the number of fee-charging ATMs in Ceredigion can be found at:

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