Jim Dobbin MP calls for cash machine transparency

Date published: 22/11/2005

Jim Dobbin, MP for Heywood and Middleton, is calling for free and charging cash machines to display clear signs so that consumers can see at a glance whether or not a cash machine charges.  Almost half the UK’s cash machines now charge a fee, typically around £1.50.  Jim Dobbin is supporting a new campaign to protect the free cash machine network and ensure that consumers who do not want to pay charges are able to make that choice.

Jim said: “I support the principle that consumers should be able to see at a glance whether or not a cash machine will charge them.

“Five years ago virtually all cash machines in the UK were free, but today nearly every other machine charges a fee.  According to a report by Nationwide Building Society, consumers have paid more than £175 million this year already in unnecessary charges for accessing their own money, and next year will pay over £250 million.

“I am concerned about this rapid growth and will be working to ensure that a free ATM network is protected for my constituents who do not want, or cannot afford, to pay to access their cash.

“Any constituent who has found a charging cash machine without the right signs should report it to LINK on 01423 356000 or email linkinfo@link.co.uk, and let me know about it.”