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New Mexico · Through 2025-01-07

58-16-14.1: Transaction fee.

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Where this section sits in the code
  1. Chapter 58 - Financial Institutions and Regulations
  2. ARTICLE 16 Remote Financial Service Units

A. A financial institution may charge a reasonable foreign transaction fee for use of an automated teller machine if the fee is disclosed:

(1) on a sign posted on the automated teller machine or in clear view of the customer while viewing the machine; or

(2) electronically during the course of the transaction in a manner that permits a customer to cancel the transaction without incurring the foreign transaction fee.

B. For the purpose of this section, "foreign transaction fee" means a fee charged for the use of an automated teller machine to a noncustomer of the financial institution that owns the machine.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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