RESIDENTS of Aberaeron are unhappy at the 99p charge which has been imposed on transactions carried out at two well-used cash machines.

Angela Coles, of Aberaeron Stores, installed two ATMs in September 2016 following a spate of bank closures in the seaside resort.

But she revealed this week that a number of people are unhappy at the newly imposed 99p charges, saying that they will now get their cash elsewhere.

“While I really do sympathise, there’s not a lot that we ourselves can do about the situation,” Mrs Coles told the Cambrian News. “Our hands are tied.

“Cashzone, the company which runs these machines, has to make money to cover its costs – and there are a lot of hidden costs, believe me.”

Earlier this year there were warnings that proposals to cut the network in a row over fees paid by banks to the operators of cashpoints in shops and garages would slash the numbers of free-to-use ATMs.

LINK – the UK’s largest cash machine network – has said it will encourage operators to keep free machines and to protect free-to-use ATMs that are more than a kilometre from the next nearest free cash machine.

But Mrs Coles said people in Aberaeron – where Barclays is now the town’s sole remaining bank – are “up in arms”.

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