Moncton Forum

Anything goes on the Greater Moncton Forum!
Welcome to Moncton Forum Sign in or Join | Help
Forums Active Topics Who Is Online? Hall of Fame Forum Rules Chat!

ATM Machines

Last post 05-08-2008, 6:15 AM by willie c wuddle. 18 replies.
Page 1 of 2 (19 items)   1 2 Next >
Related on YouTube Sort Posts:
  •  05-02-2008, 1:25 PM

    ATM Machines

    This has gotta be one of the biggest scams in modern history. It used to be banks had branches conveniently located in people's neighbourhoods. Branches moved and others closed down. They were replaced with their own bank machines. That wasn't too bad despite the slight inconvenience of getting used to. You had to make withdrawals in multiples of $5.00. If you wanted a cheque cashed you could put it in and only withdraw up to a certain limit. Now these bank machines are getting replaced by atm machines. The atm machine company charges you to use it and so does your bank. All you can do is make withdrawals and that is in $20.00 multiples. If you have a $15.00 ballance you can't even deposit $5.00 in it to top it off. You can't deposit cheques. You pay double service charges but only get half the services. These pieces of crap should be outlawed. I am officially boycotting them and hope other p155ed off people will too. Bring back the bank tellers. Even when they had bad days they were still human. Heck, they'd even let you take amounts of less than $20.00 out.ranting [ranting]
    Remember yesterday, respect tomorrow, live for today.

    The problem with North America is stupidity. I'm not saying there should be a capital punishment for stupidity, but why don't we just take the safety labels off of everything and let the problem solve itself?
  •  05-03-2008, 6:17 AM

    Re: ATM Machines

    What?

    The bank's bank machines are getting replace with ATM machines? That's horrible!  I've never used them simply for that reason.....they charge!

    Yup, I'd agree it's the biggest scam.
  •  05-03-2008, 6:30 AM

    Re: ATM Machines

    Not all of them are getting replaced but if you look around you will see a lot of them getting weeded out.
    Remember yesterday, respect tomorrow, live for today.

    The problem with North America is stupidity. I'm not saying there should be a capital punishment for stupidity, but why don't we just take the safety labels off of everything and let the problem solve itself?
  •  05-03-2008, 7:04 AM

    Re: ATM Machines

    In that case, I think the masses should protest this.

    It's getting ridiculous, paying for everything.....pay to deposit money....pay to get it out.  Shame!
  •  05-03-2008, 7:06 AM

    Re: ATM Machines

    The scary part is you can't deposit with an ATM machine.
    Remember yesterday, respect tomorrow, live for today.

    The problem with North America is stupidity. I'm not saying there should be a capital punishment for stupidity, but why don't we just take the safety labels off of everything and let the problem solve itself?
  •  05-03-2008, 1:42 PM

    Re: ATM Machines

    Are the ATMs really replacing the bank machines or is it that there are more ATMs being installed?

     

  •  05-03-2008, 7:31 PM

    Re: ATM Machines

    Seems some banks like to remove their bank machines then somebody puts in an ATM. The Royal Bank machine got removed from the Dieppe Superstore and an ATM moved in. The Royal Bank machine at the 100 Arden St is gone, but where some of the businesses are coming and going, hasn't been replaced by an ATM yet. I'm sure glad I still have the Irving convenience stores to go to. It's just too bad they are only withdrawal machines but at least they are still from my bank.
    Remember yesterday, respect tomorrow, live for today.

    The problem with North America is stupidity. I'm not saying there should be a capital punishment for stupidity, but why don't we just take the safety labels off of everything and let the problem solve itself?
  •  05-03-2008, 9:57 PM

    Re: ATM Machines

    Now that you mention it I do recall seeing a proper 'bank' machine at the hospital. I don't think it was at the Arden part, though, maybe in the main lobby. I'll look for it next time I'm there and see if it's been replaced.

    The machines I use have all been in banks. I guess the bank won't want to remove those.

  •  05-04-2008, 6:33 AM

    Re: ATM Machines

    I wish when the Royal Bank moved out of the old CN building they would have left a bank machine. I used to do a lot of business at Highfield Square. Now if I'm going to pedal up Mountain Rd or down Main St to find a bank machine I spend my money in those areas. This means the local area loses revenue and I am  minorly inconvenienced.

    I'm surprised nobody has asked why I don't just use my debit card. My daily interest account was called Savings and my chequing account was called Savings 2. There are very very few debit machines with a Savings 2 button on them. There was a time I went to a pay phone and transferred money from chequing to savings (Savings 2 to Savings) then used the debit card to make my purchase. This can be a costly adventure.


    Remember yesterday, respect tomorrow, live for today.

    The problem with North America is stupidity. I'm not saying there should be a capital punishment for stupidity, but why don't we just take the safety labels off of everything and let the problem solve itself?
  •  05-05-2008, 12:18 PM

    Re: ATM Machines

    Wow, finally someone who agress with me. 1.50 per use, if i only have 21 bucks, well, i'm screwed aint I? I refuse to use them.
    ~~Cuz' Love is what matters;after all~~
  •  05-05-2008, 12:49 PM

    Re: ATM Machines

    Do I like them , well kinda. They are a convienience. IF banks were going to pull out their machines anyway (and they likely were to cut costs and charge us more in fees) then i am glad the convinience is there for that. We make precisely 2 withdrawls a month (except in months with 3 pay periods). Do I think banks feel freer to pull machines now and then say "well you have these other atms so you still have service" yes I do and that is sad but it isn't the fault of the owner of the machine. It's capitalism and the banks are indulging your beef is probably better aimed at them.


    Your post was deleted by Paladin.Reason: get off the forum
    You are banned, going for walks in peaceful places is bannable now
    Paladin wrote:
    I will also be making an official report with the Police.That was a Threat.Be prepared for the consequences.

  •  05-06-2008, 11:18 AM

    Re: ATM Machines

    I've been boycotting ATM's for years.  No way I'm paying 2.50 to get $20.00.  I'd rather walk down the street to the proper bank and get the money if I need it.  The businesses that piss me off the most are those that don't offer Interac payment but have an ATM on site.  "Sorry, we don't take debit, but you can withdraw money from the ATM".  I'll pay with a credit card instead, or I'll leave whatever it was I was buying behind, or I won't go at all next time.

    I rarely ever withdraw cash anymore.  I rarely ever carry cash on me.  I just pay with my debit card, because I don't have to pay any per use charges for that.  In an entire year, I might pay $10.00 in user charges.

  •  05-06-2008, 1:55 PM

    Re: ATM Machines

    It may be annoying but I can certainly see why they do it as a business decision.

    1) You are among the few who will walk out rather than go to the atm
    2) Everytime a debit transaction is done at the till the store has to pay a fee
    3) They can offer the convinience of an ATM, and charge the person who owns it "rent"
    4) They aren't responsible for any transaction fees from the ATM on their end
    5) Why would the ATM owner pay rent to compete with debit transactions at the till. If I owned ATMS I would certainly want some kind of "no compete clause"

    In short AYMs make stores money. Most people will buy more not less, they don't have to worry about licensing, rental, setup or transaction fees, most sheep ... err people see it as a convinience. In a retail economy with thin profit margins as it is, or if you don't think profit margins are thin then in an economy where the store owner wants to make more money, these things add up to more profit in more cases.


    Your post was deleted by Paladin.Reason: get off the forum
    You are banned, going for walks in peaceful places is bannable now
    Paladin wrote:
    I will also be making an official report with the Police.That was a Threat.Be prepared for the consequences.

  •  05-06-2008, 6:25 PM

    Re: ATM Machines

    zymry wrote:
    2) Everytime a debit transaction is done at the till the store has to pay a fee

    Coming from a country where most banking is free I am still amazed people here accept all these charges. Free banking is available at PC so why use another bank and pay?

    In the UK, banks raise the subject of bringing in charges, there's a protest and they cancel the plans.

    Stores raise the subject of passing on the transaction charges to customers (as above) and it is pointed out that having less cash on the premises because of credit/debit purchases results in reduced security costs for the store and lower admin costs....and the idea is scrapped.

    Generally, the level of customer service is much better in Canada than the UK...just not when it comes to banking.

  •  05-06-2008, 6:35 PM

    Re: ATM Machines

    Lord Denning wrote:

    I've been boycotting ATM's for years.  No way I'm paying 2.50 to get $20.00.  I'd rather walk down the street to the proper bank and get the money if I need it.  The businesses that piss me off the most are those that don't offer Interac payment but have an ATM on site.  "Sorry, we don't take debit, but you can withdraw money from the ATM".  I'll pay with a credit card instead, or I'll leave whatever it was I was buying behind, or I won't go at all next time.

    I rarely ever withdraw cash anymore.  I rarely ever carry cash on me.  I just pay with my debit card, because I don't have to pay any per use charges for that.  In an entire year, I might pay $10.00 in user charges.

    $2.50 is not a lot of money to pay for a bank transaction from an ATM. Just ask the bank manager who drives a new Mercedes. He wouldn't lie to you. If you want a second opinion ask the poor guy who is sewing his last two bread crusts together in an attempt to make a sandwhich. To him $2.50 can become 2 loaves of bread from a day old bread store and 30 cents in change.

    Ironically the rich bank manager most likely doesn't have to pay any bank charges at all.


    Remember yesterday, respect tomorrow, live for today.

    The problem with North America is stupidity. I'm not saying there should be a capital punishment for stupidity, but why don't we just take the safety labels off of everything and let the problem solve itself?
Page 1 of 2 (19 items)   1 2 Next >

 

 

 

 

 

Powered by Community Server, by Telligent Systems