Private automatic boxes have become common practice in tourist areas, especially in the Algarve, where the demand for cash increases during the summer months. Many users are unaware of, however, that these machines apply their own additional rules, commissions and distinct operating limits from traditional multibanco terminals. In this article, we will talk about atm boxes where you can raise up to 1,000 euros on the same day without any commission, in two distinct operations, provided the card has been issued within the European Economic Space (EEE).
In the concrete case of ATM Express installed next to the Real Bread Bakery, in the Houses of the Audience (National Road 125‑6, 8900-000 Monte Gordo), the POSTAL It has found that it is possible to raise 500 euros per transaction, being authorized two consecutive operations, which raises the maximum amount available from once to 1,000 euros. The confirmation was made with a multibanco card issued by the agricultural credit.
The postcard came into contact with the operator
Upon contacting by telephone with the ATM Express merchant support line, the SIBS Group brand responsible for the implementation and management of automatic boxes outside the traditional banking network (+351 214 201 996), the POSTAL It obtained confirmation, through a carrier, that “raising 1,000 € in two distinct operations is a feature of all Orange ATM machines.”
Boundaries defined by the bank and the operator
The ceilings practiced by these boxes depend on two factors: on the one hand, the daily ceiling set by the bank that issues the card and, on the other, the limit set by the ATM operator. If the bank allows, the machine processes the order until the maximum scheduled amount. Otherwise, the message of refusal to exceed the daily limit appears on the screen.
Fixed commissions and exchange rate
Some Terminals ATM Express charges a surcharge (fixed fee per survey) for cards that have been issued outside the EEE, which may vary from location to place. The amount is presented before the operation is completed, and it is possible to cancel the transaction if the user considers the excessive commission. Foreign cards may also be subject to dynamic currency conversion, an option that usually results in a less favorable exchange rate. In this case, in which the survey was done, no additional survey rate was applied.
Recommendations to the User
- Read the screen closely before confirming values and rates;
- Always ask for a bead to register the amount raised and the commission charged;
- Refuse the conversion of currency if the card is foreign, opting to charge euros;
- Consider using a traditional crowd when possible, avoiding additional costs.
Shared responsibility
Although the operator sets the machine, it is up to the bank to define the daily card of the card. If you need amounts exceeding 1,000 euros available at these terminals, the alternative may temporarily adjust the card limit or raise directly at your bank counter.
Clarification of rules of operation and transparency in commissions continue to be decisive factors for consumers to make informed choices and avoid unexpected chains in the boxes.
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