New Market Research Report: ATM Cards in Colombia
The fees control was responsible for the transactions boost in 2011 and 2012. Withdrawal and consultation fees charged to cardholders using ATMs different from their bank network, received an upper limit via a regulation approved in 2011. ATMs usage fees were one of the most discussed claims of bank users. Asobancaria, which represents most local banks, stated they disagree with that imposition. Despite this, some banks such as BanColombia, voluntarily eliminated or reduced the transactions...
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