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HBOS and RBS good citizens in UK

HBOS and RBS good citizens in UK

(1 August 2006 – UK) Royal Bank of Scotland and HBOS are installing around 400 free of charge ATMs in a number of underprivileged areas in the UK. The move is a response to a report put out by charity Citizens Advice which showed that people in poorer and remote rural areas are forced to use fee charging ATMs because there are no longer any banks there.

The report found that fee charging ATMs had a disproportionate impact on people on low incomes.

Some 40 percent of the 58,000 ATMs in operation in the UK charge a fee, with some charging as much as £3 a transaction.

Just seven years ago ATM transactions in the UK were free of charge.

HBOS will install 100 new ATMs in poor and rural areas in Scotland and the north of England.

"We are committed to installing ATMs in deprived communities in our traditional heartlands. We will focus on those communities serviced only by surcharging ATMs," HBOS general manager Shane O'Riordain said.
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