NEW YORK, Sept 13: Bank of America Corp has raised the fee it charges non-customers to withdraw cash from most of its automated teller machines to $3 from $2, a move that may prompt rivals to follow.
The largest US retail bank said it began charging the higher fee on July 31 and within a month was assessing it at about 10,700 US ATMs in its network of 17,183, by far the nation’s largest.
Bank of America, based in Charlotte, North Carolina, made the changes at branches and in larger offices located in such places as grocery stores.—Reuters
