Are there any ATM fees within the Euro zone?
I am about to travel in Europe within some euro zone countries. Also, I am from a euro zone country (still) and all my bank accounts are in euro. I have debit and credit Visa and Maestro cards.
My question is, if there is any kind of fee that I must pay to withdraw money from ATMs, using these cards.
Best Answer
Per http://ec.europa.eu/internal_market/payments/crossborder/index_en.htm cross-border payments in Euro within the Eurozone must not be treated differently from national (inter-bank) transactions in Euro. This also applies to ATM fees.
This means that your bank is only allowed to charge fees similar to those for national ATM use at another bank.
Examples from my experience:
a German Sparkasse account of mine would charge €2.50 per each use of the ATM at a non-Sparkasse bank within Germany, which meant that I would be charged €2.50 also elsewhere in the Eurozone
my Austrian account does not have any ATM charges within Austria (as most Austrian accounts do), so I don't pay any fees in other Euro countries
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Which ATM does not charge fees?
Other online banks such as Simple or Chime have great options for ATM usage. Simple has a fee-free ATM finder on their website and allows customers to use ATMs in Walmart, Costco, Dunkin Donuts, Walgreens, Hess, Target, and CVS, without being charged a fee. Chime's network has more than 38,000 fee-free MoneyPass ATMs.Which banks dont charge ATM fees in Spain?
Deutsche Bank is the only major bank we found that charges no ATM fees in Spain.Do ATMs in France charge a fee?
French banks do not charge ATM withdrawal fees. There may be a local (French) fee if you use a non bank ATM. The French postal system is also a banking network so all of the post office ATMs are free as well. Typically, the exchange networks such as Pulse or Cirrus charge a 1% currency conversion fee.Do German banks charge ATM fees?
Germany's major banks don't charge ATM fees to foreigners. Privately operated ATMs, however, may charge high fees. You can distinguish private machines from bank ATMs because they don't have a bank's name and branding. Instead, they'll have names such as Cashpoint, Cashzone, Euronet or Travelex.With or Without Conversion: How to Avoid Hidden Fees When Taking Out Money Abroad
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Answer 2
I'm quite sure that within the Eurozone, the cost of international Euro withdrawals are not allowed to exceed the cost of national Euro withdrawals (when using regular bank cards and regular banks). So, the maximum you can get charged is what you get charged at home. I did a quick search, this Wikipedia page seems to back this up:
Answer 3
I live in the Netherlands. I used my Dutch card to withdraw money from ATMs in France, Italy and Germany. I have never paid anything for that...But it surely depends on your bank and on the country you are in. Where are you from?
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