Automated Teller Machines: Issues Related to Real-time Fee Disclosure

Pursuant to a legislative requirement, GAO provided information on real-time disclosure of foreign automated teller machine (ATM) fees levied by the card-issuing bank, focusing on: (1) alterations to the ATM system that would be needed to support real-time foreign fee disclosure; (2) estimated costs and timeframes associated with implementing real-time foreign fee disclosure; (3) potential competitive impact on ATM industry participants, defined to include various sized banks, ATM networks, ATM owners, and third-party processors; (4) potential impact on consumers; and (5) alternatives to real-time foreign fee disclosure.