Are there any regulations governing ATM use?

Yes, there are regulations governing ATM use in Texas. The Texas Deceptive Trade Practices Act (TDTPA) prohibits deceptive acts in connection with ATM transactions. It requires that ATM operators and banks provide written disclosure of all fees and other transaction-related information on or near the ATM machine. Further, it prohibits ATM operators from charging customers any fees or other charges not disclosed at the ATM. In addition, the Texas Credit Union Act requires credit unions to post a notice at each ATM machine that lists the fees charged for each transaction. This notice must be clearly visible to all users. Finally, the Texas Finance Code sets forth requirements for ATM machines operated by businesses that are licensed to do business in Texas. These businesses must display a statement on the ATM machine that explains the applicable fees, the transaction limit, the withdrawal limit, and the maximum daily limit of withdrawals. Overall, these regulations provide a framework that protects consumers from deceptive practices and ensures that they receive clear information regarding fees and other limitations before initiating an ATM transaction.

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Are there any regulations governing ATM use?

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