Natwest and RBS to charge for branch withdrawals

Former_MSE_Guy

This is the discussion thread for the following MSE News Story:

Natwest and RBS to charge for branch withdrawals

wizk1

To be perfectly honest, I wasn't even aware I could withdraw cash from an institution I had no business with. My only fear now is that this will set a precedent for ATMs where We'd have to use a machine provided by our own banks in order to circumvent any charges.

becky_rtw

Agreed - I didnt know you could do this either

Do worry about atms charges coming back though...there arent any natwest atms anywhere near me and I live in Central London *rolls eyes*

Lokolo

We have a bank at work which is Natwest and we can withdraw money using that, depends on bank but HSBC you have to bring in cheque book and stuff.

Hope they don't charge, theres nothing around here, in middle of an estate!

robt_2

will soon charge fees to take out money at rival bank counters in the UK and abroad

Another reason to ignore the news ticker. This site is turning into the Daily Star with its sensationalist headlines.

wizk1

robt wrote: »

Another reason to ignore the news ticker. This site is turning into the Daily Star with its sensationalist headlines.

What's sensationalist about this topic?

opinions4u

wizk1 wrote: »

What's sensationalist about this topic?

The headline implies they will charge RBS customers for withdrawing in an RBS branch and the same for Nat West.

The detail says otherwise.

spindo

opinions4u wrote: »

The headline implies they will charge RBS customers for withdrawing in an RBS branch and the same for Nat West.

The detail says otherwise.

Thats what I thought.

From what I can gather NatWest customers will still be able to withdraw cash over the counter free at NatWest branches but will be charged if they do the same thing at any other banks branch including RBS branches.

klb_3

As I understand it, this is just for Visa debit card holders.

If you have a Maestro card you are not affected.

stclair

You will only get charged if you withdraw money over the counter at another bank ie RBS or Lloyds TSB etc

However I agree its cheeky that RBS customers will have to pay over the counter at a Natwest branch and vice versa.

When essentailly they are the same organisation.

Please refer to the new T&Cs its detailed on page 10

http://www.natwest.com/olb/mandatory_message/downloads/keeping_you_informed_0609.pdf

stclair

klb wrote: »

As I understand it, this is just for Visa debit card holders.

If you have a Maestro card you are not affected.

Natwest and RBS will not be issuing maestro cards over the next few months as there being ditched.