Abstract

GONZALEZ RAMIREZ, Pedro Isidoro  and  NERI GUZMAN, Juan Carlos. Regulation of Commissions in ATMs Analysis of the Reform in Mexico: The Case of Banks with Different Size Networks. Econ: teor. práct [online]. 2017, n.47, pp.167-190. ISSN 2448-7481.  https://doi.org/10.24275/etypuam/ne/472017/gonzalez.

In the context of an asymmetric scenario in network size, we analyze the effects of the regulations established by the Mexican Central Bank in 2010 on fees for interbank transactions at ATMs. We studied the regulations’ impact on banks with small ATM networks and commensurately higher percentages of withdrawals by their customers in non-proprietary ATMs. We noted that fees for interbank transactions have remained relatively unchanged. The results show that the regulations have driven up account opening costs by forbidding banks to charge their account holders for transactions on proprietary ATMs. Finally, the increase in cost of opening an account is less for banks with fewer installed ATMs, which means that the regulations favor smaller banks.

Keywords : ATMs; exchange fees; commission for use of cashier's account; charge of surcharge; direct charge.