Warning: at ATMs abroad, a simple withdrawal may cost you up to seven euros more
The article warns Slovenian consumers about potential high costs when withdrawing cash from ATMs abroad during their summer holidays. While card payments dominate in tourist destinations, cash remains necessary at local markets, beaches, and smaller venues. The Consumer Association of Slovenia (ZPS) highlights that a simple cash withdrawal can cost up to seven euros extra due to unfavorable exchange rates, with losses potentially reaching 14 percent. To avoid these additional fees, ZPS advises using a debit card linked to a personal account, checking the terms of non-bank cards or foreign banks before traveling, and avoiding independent ATMs often found at airports and tourist sites. Consumers are also encouraged to select cash withdrawals in local currency rather than converted currency to benefit from more favorable exchange rates offered by their home bank. Additionally, the article emphasizes safety measures such as using well-lit and secure ATMs, avoiding entering PIN codes in enclosed spaces, and being cautious of damaged machines or suspicious individuals.
The recent alert issued by the Association of Consumers of Slovenia (ZPS) has drawn attention to the hidden costs associated with cash withdrawals from ATMs abroad. As summer holidays peak and many Slovenians travel overseas, consumers often find themselves in situations where they need to withdraw cash. While card payments are common in tourist areas, cash remains essential in local markets, beaches, and smaller establishments. However, using ATMs abroad can lead to unexpected expenses, particularly when dealing with unfavorable exchange rates and additional fees. On July 10, 2026, ZPS warned that even a simple cash withdrawal could result in an extra seven euros in charges, and in cases of poor exchange rate conditions, losses could reach up to 14 percent of the withdrawn amount. This warning comes as travelers increasingly rely on ATMs during their trips, especially when cash is necessary for daily transactions. The association emphasized the importance of being aware of these potential financial pitfalls before embarking on a journey. A critical factor in minimizing these costs lies in the choice of both card and ATM. According to ZPS, the most favorable option for cash withdrawals is typically a personal account debit card. These cards usually offer the best exchange rates and lower fees compared to other types of payment cards. Additionally, users should check the terms and conditions of their card provider, especially if they are using cards from foreign banks or non-banks. The fees charged by such providers can significantly differ from those offered by Slovenian banks. Furthermore, the location of the ATM plays a crucial role in determining the cost of a cash withdrawal. ZPS advises against using independent ATM machines, which are commonly found at airports, tourist centers, and near attractions. These machines often charge higher or additional fees for cash withdrawals. Instead, users are encouraged to opt for ATMs operated by established banks, which tend to offer more competitive rates. Before confirming a transaction, users should carefully review the screen for any additional charges. If the displayed fees seem unreasonable, the process can be interrupted without difficulty, allowing the user to seek a more favorable alternative. In some countries, it's also possible to withdraw cash directly at the point of sale, a service often highlighted by store staff. However, users should always verify whether this option involves any additional charges. In addition to financial considerations, safety is another important aspect when using ATMs abroad. ZPS recommends that users select well-lit and secure locations for ATM transactions. It is advised not to enter a PIN code when opening the machine’s door, especially if the ATM is located in a secluded area. Users should remain vigilant for unusual devices, damage, or suspicious individuals nearby, and in such cases, avoid making a withdrawal and immediately notify the local police. To further enhance security, users are encouraged to utilize mobile banking features such as temporary card blocking, transaction alerts, and spending limits. These tools can help prevent unauthorized usage and provide greater control over financial activities while traveling. Overall, the ZPS emphasizes that small decisions—such as choosing the right card, using the appropriate ATM, and avoiding dynamic currency conversion—can save travelers several euros per withdrawal. By staying informed and cautious, travelers can ensure their holiday experiences are not only enjoyable but also financially secure.
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The Consumer Association of Slovenia (ZPS) advises consumers to be cautious when withdrawing cash abroad during summer holidays, emphasizing the importance of choosing the right card and ATM to minimize costs. They note that not all ATMs are equally favorable, and fees can vary significantly depending on the currency exchange rate and the type of card used. Debit cards linked to personal accounts typically offer the best rates, while cards from non-bank providers or foreign institutions may have higher fees. Consumers are encouraged to check for additional charges before completing a withdrawal and to avoid ATMs located in high-traffic areas like airports and tourist sites, which often charge extra fees. Additionally, ZPS highlights security concerns, recommending that users withdraw cash at well-lit and safe locations, avoid entering their PIN in unfamiliar environments, and utilize mobile or online banking features to temporarily block or limit card usage if needed.
Bias read (Center): The article provides neutral advice from a consumer protection organization regarding financial practices and safety measures when using ATMs abroad. It does not take a stance on any political issue, nor does it favor one side over another in terms of framing or sourcing. The content focuses on cost
Why these scores (Factual 90 · Objective 95): High factuality due to direct alignment with ZPS statements. Objectivity is excellent as it remains neutral, offering practical advice without bias.
24ur (POP TV)IndependentCenterFactual 88Objective 929 hr. ago
The article discusses hidden costs associated with cash withdrawals at ATMs, particularly highlighting potential additional fees and currency conversion charges. The Consumer Association of Slovenia warns that these costs can add up to seven euros per withdrawal, and in cases of unfavorable exchange rates, users could lose up to 14% of the value of their withdrawal. The article advises consumers to check the terms and conditions of their card issuer before using an ATM, noting that non-bank providers and foreign-based institutions often charge higher fees compared to local banks. It also cautions against using ATMs located in tourist areas, airports, or popular attractions, which tend to impose extra charges. Additionally, the article provides tips on avoiding dynamic currency conversion fees and emphasizes security measures such as using well-lit ATMs and being cautious of suspicious devices or individuals nearby.
Bias read (Center): The article focuses on financial advice related to cash withdrawals and does not present any political stance, ideology, or controversy. It provides general information on fees and consumer protection without favoring any particular political group or policy.
Why these scores (Factual 88 · Objective 92): Factual accuracy is good, reflecting ZPS concerns about ATM fees. Objectivity is high, maintaining a balanced tone without taking sides.
DnevnikIndependent🔒CenterFactual 85Objective 907 hr. ago
The article warns Slovenian consumers about potential high costs when withdrawing cash from ATMs abroad during their summer holidays. While card payments dominate in tourist destinations, cash remains necessary at local markets, beaches, and smaller venues. The Consumer Association of Slovenia (ZPS) highlights that a simple cash withdrawal can cost up to seven euros extra due to unfavorable exchange rates, with losses potentially reaching 14 percent. To avoid these additional fees, ZPS advises using a debit card linked to a personal account, checking the terms of non-bank cards or foreign banks before traveling, and avoiding independent ATMs often found at airports and tourist sites. Consumers are also encouraged to select cash withdrawals in local currency rather than converted currency to benefit from more favorable exchange rates offered by their home bank. Additionally, the article emphasizes safety measures such as using well-lit and secure ATMs, avoiding entering PIN codes in enclosed spaces, and being cautious of damaged machines or suspicious individuals.
Bias read (Center): The article provides factual information and advice from the Consumer Association of Slovenia (ZPS) regarding financial practices while traveling abroad. It does not take a clear ideological stance but aims to inform consumers about potential risks and ways to mitigate them. There is no evident bias
Why these scores (Factual 85 · Objective 90): Factuality is high as the article accurately reflects common issues with ATM fees abroad, aligning with ZPS guidance. Objectivity is strong as it presents information neutrally without emotional language.
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