Santander Bank eliminates ATM fees for travelers

Written by  //  February 17, 2014  //  In-Brief  //  No comments

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Román Blanco, president of Santander U.S.

Román Blanco, president of Santander U.S.

Santander Bank, N.A. announced that its customers can now use its ATMs in Mexico and Puerto Rico free of charge.

One of Santander’s affiliated banks maintains over 5,200 ATMs across Mexico including top travel destinations such as Acapulco, Cabo San Lucas, Cancun, Cozumel, Mazatlan, Mexico City, Playa del Carmen and Puerto Vallarta.

There are 130 Santander ATMs in Puerto Rico operated by another affiliated bank, including many popular vacation destinations such as Arecibo, Fajardo, Ponce and Old San Juan. Santander Bank customers will be able to make withdrawals free of ATM charges in Mexico and conduct all transactions free of charge at ATMs during their travels in Puerto Rico.

“This is another example of the value Santander brings to its customers,” said Román Blanco, president of Santander U.S. “We are a local bank that is very much focused on the communities we serve — and we are also part of a strong and diversified global group. We’re pleased to be able to extend this advantage to our customers.”

The ATM fee waiver comes just in time for the peak of the busy winter travel season and before spring break, when millions of Americans will seek an escape from cold weather by travelling to warmer climates. Elimination of these fees follows the Bank’s change of name from Sovereign to Santander in October, which included $200 million in investments in enhancements for its customers.

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