BankWest offers free access to every ATM

BankWest's Zero transaction account is the only account offered by any institution in Australia to offer free access to every ATM in the country. Consumer advocates said customers could save hundreds of dollars per year by using the account.

Many ATM's are charging $2 per withdrawal. BankWest said it was closely monitoring the cost of providing the free access to all ATMs. A rival bank executive said the account "was too good to be true."

Source: Sunday Herald Sun