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Saturday, November 7, 2009

Is it free to withdrawal money from your checking account?

My bank is bank of the west. I know theirs a fee to withdrawal from a atm but is their a fee if you walk inside the bank an ask for a withdrawal?
Is it free to withdrawal money from your checking account?
I've never heard of a bank charging it's customer's for normal withdrawals through the tellers... ATM I would understand since it's a convenience thing... but it's ridiculous to be charge by the teller just for a simply withdrawal. You may want to contact the back and specify their T's and C's...
Reply:A checking account is called a demand deposit account. This means the bank must pay you, upon demand, money from that account. However, there can be limitations. If you happen to have a whole wad of cash, and you are trying to withdraw a substantial amount, then the bank can request that you give them advance notice so that they can have it available. Also, some banks offer checking accounts where they limit the number of transactions in trade for a reduced monthly fee. In this case, they can impose a transaction fee after you reach a certain number of allowed "free" transactions.
Reply:yes you are right , the atm machines have fees sometimes it can be $2.00 to $3.00 fees


No i have not heard of any bank give a fee to people if they walk in or use the drivethought windows to withdraw money from their accounts.


you might have to call the service deportment and ask them about any fees that this band might have .
Reply:Not normally.....unless you have a set number of times you can do that per month and you exceed that amount. They charge you a fee to use their ATM? You need to find a new bank.....almost all major banks charge nothing to use their ATMs!
Reply:No there is no charge. Just walk up and ask for a counter check, make it out to cash, sign the front and back. And that's it!
Reply:There usually is not a charge. You could call them up and ask.

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