Global ATM Alliance

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The Global ATM Alliance is a joint venture of several major international banks that allows customers of their banks to use their ATM card or debit card at another bank within the Global ATM Alliance with no International ATM Access fees. Other fees, such as an international transaction or foreign currency fee, may still apply for some account holders. Participating banks cover Australasia, Asia, Europe, Africa, North America and South America.

Participating banks are as follows (however note that some banks, e.g. Bank of America, will only honor ATM reciprocity for one country per bank, e.g. fees will not be charged for Barclays branches in the UK or Deutsche Bank branches in Germany, but fees are charged for branches of those banks in other countries, see "Coverage Areas" below):

Contents

Bank Specific Rules & Information [edit]

Bank of America Account Holders[1] [edit]

There are two separate fees that may apply to Bank of America account holders using their ATM card or debit/check card in a foreign country:

  • The 1% - 3% International Transaction Fee/Foreign Currency Fee - not waived under the Global ATM Alliance.[2]
  • The US$5 Non-Bank of America International ATM Fee - for transactions at non-Bank of America ATMs in a foreign country (also called the International ATM (Access) Fee) - waived under the Global ATM Alliance.[1]

Coverage Areas [edit]

For Bank of America account holders:
The Non-Bank of America International ATM Fee is waived for account holders using their ATM card or debit/check card at ATMs in the Global ATM Alliance within specified coverage areas:

Coverage Area Bank Name
United Kingdom. United Kingdom countries include: England, Northern Ireland, Scotland, Wales, Jersey, Guernsey and the Channel Islands. Barclays
France BNP Paribas
Belgium BNP Paribas Fortis (this is no longer in BOA's network)
China China Construction Bank (CCB)
Italy BNL D'Italia[3]
Germany Deutsche Bank
Canada and the Caribbean. Caribbean countries include: Anguilla, Antigua & Barbuda, Bahamas, Barbados, British Virgin Islands, Cayman Islands, Dominica, Dominican Republic, Grenada, Jamaica, Netherlands Antilles (St Maarten), St Kitts-Nevis, St. Lucia, St. Vincent & The Grenadines, Trinidad & Tobago, Turks & Caicos Islands, US Virgin Islands. Scotiabank
Australia and New Zealand Westpac Bank

In addition to the Global ATM Alliance banks in the coverage areas listed above, Bank of America has arrangements for Bank of America account holders to be able to use their ATM cards or debit/check cards in China at China Construction Bank ATMs and in Mexico at Banco Santander with no ATM Operator Fees or Non-Bank of America International ATM Fees (aka International ATM Access Fee).

Otherwise, when using an ATM card or debit/check card in a foreign country at a non-Bank of America ATM outside of the Global ATM Alliance, China Construction Bank, or Banco Santander, Bank of America may charge its account holders a non-Bank of America International ATM Fee (aka International ATM Access Fee) of US$5 for each withdrawal, transfer, and balance inquiry.[4][5]

Bank of America International Transaction Fee (Foreign Currency Conversion Fee) [edit]

For transactions in currencies other than U.S. Dollars when using a Bank of America ATM card or debit/check card, Bank of America may charge its account holders an International Transaction Fee for purchases or ATM cash withdrawals regardless of whether the transaction occurs within the Global ATM Alliance or outside the Global ATM Alliance.[2] For each converted ATM cash withdrawal, this International Transaction Fee is 1% of the U.S. Dollar Amount, and for each converted purchase, this International Transaction Fee is 3% of the U.S. Dollar Amount. This fee appears as a separate item on the Bank of America account holder's banking statement for each international transaction.[2]

Westpac Bank Account Holders[6][7] [edit]

When withdrawing cash from Westpac savings or transaction accounts at overseas ATMs, the usual Overseas ATM Cash Withdrawal Fee of A$5/NZ$8 is waived at ATMs of participating Global ATM Alliance partners in the following countries:

Country/Territory MasterCard/Cirrus ATM network
New Zealand Westpac NZ
Fiji, Vanuatu, Cook Islands, Samoa, Tonga, PNG, Solomon Islands Westpac Pacific Banking
France BNP Paribas, Ukrsibbank - Private Bank Group
Germany, Spain, Italy, Poland Deutsche Bank
Botswana, France, Ghana, Gibraltar, Kenya, Mauritius, Pakistan (including AJK), Portugal, The Seychelles, Spain, Tanzania, Uganda, United Kingdom, Zambia, Zimbabwe (Zimbabwe Dollar transactions currently suspended per Reserve Bank directive) Barclays Bank plc
South Africa ABSA
USA Bank of America
Canada, Mexico, Chile, Peru, Guyana and the Caribbean. Caribbean countries include: Anguilla, Antigua & Barbuda, Bahamas, Barbados, British Virgin Islands, Cayman Islands, Dominica, Dominican Republic, Grenada, Jamaica, Netherlands Antilles (St Maarten), St Kitts-Nevis, St Vincent & The Grenadines, Trinidad & Tobago, Turks & Caicos and the US Virgin Islands. ScotiaBank
Ukraine Ukrsibbank - Private Bank

For Westpac savings or transaction accounts, withdrawals in a foreign country using ATMs not listed above incur the A$5 Overseas ATM Cash Withdrawal Fee.

Westpac Foreign Transaction Fee (Foreign Currency Conversion Fee) [edit]

Westpac account holders may incur a Westpac Foreign Transaction Fee (aka Foreign Currency Conversion Fee) of between 2.2% and 3% that is incorporated into the A$ transaction amount shown on the account holder’s banking statement for transactions that occur in a foreign currency. A fee of 3% of the A$ transaction amount is incurred where a transaction is made in a foreign currency and the merchant or financial institution accepting the card is located outside of Australia (consisting of a 2% Westpac Processing Fee plus a 1% Westpac On-Charged Scheme Fee). A fee 2.2% of the A$ transaction amount is incurred where a transaction is made in a foreign currency and the merchant or financial institution accepting the card is located in Australia (consisting of a 2% Westpac Processing Fee plus a Westpac On-Charged Scheme Fee of 0.2%).[8]

Barclays Account Holders [edit]

Withdrawing cash from a Barclays account from a cash machine in the Global Alliance is free of transaction charges. If you use a cash machine that isn't in the Global Alliance or if you use your Barclaycard, additional charges apply.
For Barclays account holders:

Coverage Area Bank Name
Australia Westpac Bank
Canada Scotiabank
France BNP Paribas
Germany Deutsche Bank
Guatemala Scotiabank
Mexico Scotiabank
New Zealand Westpac Bank
Pacific Islands Westpac Bank
South Africa Absa
Ukraine UkrSibbank
United States Bank of America
Great Britain, Worldwide Barclays

BNP Paribas Account Holders [edit]

Deutsche Bank Account Holders [edit]

For Deutsche Bank account holders:

Coverage Area Bank Name
Germany and worldwide Deutsche Bank
United States Bank of America
Great Britain, Kenya, Mauritius, Tanzania, Zimbabwe Barclays
France BNP Paribas
Canada, Chile, Mexico Scotiabank
Australia, New Zealand Westpac Bank

Scotiabank Account Holders [edit]

For Scotiabank account holders, visit Scotiabank's website for a complete and up to date list.

Scotiabank - Global ATM Alliance

External links [edit]

References/Citations [edit]

  1. ^ a b "ATM: Getting Started". Bank of America Info Center. "Questions & Answers" tab -> "Frequently Asked Questions" -> "What is the ATM Global Alliance?". Retrieved January 3, 2010. 
  2. ^ a b c "ATM: Getting Started". Bank of America Info Center. "Questions & Answers" tab -> "Frequently Asked Questions" -> "What are the fees for using a Check Card or ATM Card in a foreign country?". Retrieved January 3, 2010. "In addition, an International Transaction Fee will be charged for ATM Card and Check Card transactions made for foreign purchases or ATM cash withdrawals in currency other than U.S. Dollars, regardless of whether or not the transaction occurred at an ATM in a country covered in the ATM Global Alliance." 
  3. ^ "Learn about using ATM cards and debit cards outside the United States (Bank of America login required)". Retrieved August 1, 2010. 
  4. ^ "Personal Schedule of Fees". Bank of America. June 5, 2009. Table: Other Account Fees. Retrieved January 3, 2010. 
  5. ^ "Personal Schedule of Fees (California)". Bank of America. June 5, 2009. Table: Other Account Fees. Retrieved January 3, 2010. 
  6. ^ "International travel and payments: Using ATMs overseas". Accessing Money Overseas - Westpac. Westpac Banking Corporation. Retrieved January 3, 2010. 
  7. ^ "Deposit Accounts for Personal Customers - Terms and Conditions" (PDF). Westpac Banking Corporation. December 5, 2009. Retrieved January 3, 2010. 
  8. ^ "Deposit Accounts for Personal Customers - Terms and Conditions" (PDF). Westpac Banking Corporation. December 5, 2009. p. 5 footnote 3. Retrieved January 3, 2010. 
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