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#1628076 - 11/14/11 05:41 PM ATM - Advertising as FREE
COMPLIcated Offline
Diamond Poster
Joined: Mar 2003
Posts: 1,035
OK
Can we advertise our ATM as FREE if we do not charge a fee on any AMT's in our network but if they use it at a non-network one that ATM owner may charge them a fee?

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#1628194 - 11/14/11 07:38 PM Re: ATM - Advertising as FREE COMPLIcated
EmilyAnn Offline
Gold Star
Joined: Jul 2007
Posts: 273
In the private forums, someone posted a question regarding whether you can advertise free debit cards. I think the same reasoning would apply here.

John Burnett responded: "in today's UDAP/UDAAP environment, I'd always suggest that you include a disclaimer that 'If you use an ATM not owned by XYZ Bank, you may be charged a fee by the ATM operator or network.'"

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