Common Contracts

HCS HB 83 -- AUTOMATED TELLER MACHINE FOREIGN ACCOUNT SURCHARGES

February 28th, 2011

• Filed
  February 28th, 2011

This substitute specifies that an agreement to operate or share an automated teller machine (ATM) cannot prohibit the owner or operator of the machine from imposing an access fee or surcharge on an individual conducting a transaction using a foreign bank account that is not otherwise prohibited by federal or state law. Currently, foreign banks, trust companies, or credit unions may charge fees but domestic ones cannot.