The hidden cost of cash

There are fewer and fewer distributors. And this trend will accelerate, especially with the arrival of neutral Batopin distributors, financed by the country’s four major banks, which are setting up everywhere. If this allows banks to share their costs, for the consumer, it is not so clear…

“Another important doubt”according to Julie Frère, spokesperson for Test Achats, “Will withdrawals from this Batopin network be chargeable or not? It depends on each bank, which may or may not consider these ATMs as part of its own banking network. We can already see that a bank like KBC, for example, announced that it would consider Batopin distributors as external to its own network.”

And to avoid unpleasant surprises when withdrawing your cash, it is advisable to choose your current account carefully, to avoid splitting withdrawals, and also to avoid withdrawing money with a credit card.

Another tip to avoid paying additional fees, if you shop and pay by card, you can always ask for a little extra cash, as long as the merchants accept.

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