These are the commissions that must be paid when withdrawing money at different ATMs

When we withdraw money from an ATM, even if it is not ours, what happens is that the entity in which we do it makes 'a loan' to our bank.. Hence we are charged a 'commission'.

After the pandemic, the use of cash decreased, so many branches closed to reduce banks' costs. This means that, on many occasions, we cannot go to our bank branch and must withdraw money from other ATMs.

What does the law say?

The only limitation imposed by Royal Decree-Law 11/2015 (1) on this practice is that only the bank that owns the ATM from which you withdraw the money may charge you that commission.. Then, our bank can decide if it wants to pass that commission on to its clients or not.. This regulation prevents us from having to pay a commission to the bank that owns the ATM and another to our entity, as was the case before.

Until a few years ago, the commission to pay when withdrawing money was double: that of the bank itself and that required by the bank in which the operation was carried out.. This changed in 2015 with Royal Decree 11/2015, which modified Law 16/2009.. It indicates that “the entity that owns the ATM may not demand any commission from the user of the service or pass on expenses, but may demand it from the entity issuing the card.”

What commission do they charge at each bank?

Following the regulation of the practice, banks have reached their own agreements to negotiate commissions. Many entities opt for a commission of 2 euros: they are CaixaBank, Santander, BBVA and Deutsche Bank. Meanwhile, Liberbank charges a commission of 2.50 euros and Banco Sabadell reaches 3 euros. The rest of the banks allow you to withdraw money completely free of charge, although with some conditions.