Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Tuktoyaktuk, N.W.T., man questions 'crazy' $6 ATM fee

 


Merven Gruben's mom needed some cash for her upcoming trip to Paulatuk. So Gruben, a prominent businessperson in Tuktoyaktuk, went to his community's Northern Store to use the ATM machine. It's one of only two ATMs in the bank-less hamlet.

Gruben needed $1,200 and took it out in two installments of $600. (There's a limit on how much you can take out in one withdrawal.)

Both times, the machine charged him $6 for the transaction — about double what banks and other private ATM operators charge in other parts of N.W.T. and in Nunavut.

http://www.cbc.ca/news/canada/north/tuktoyaktuk-n-w-t-man-questions-crazy-6-atm-fee-1.3198103

 

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