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Old 26.07.2011, 14:15
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ATM Machines

Hello,
Does anyone know about the laws pertaining to owning and operating ATM machines in Switzerland? Primarily Schwyz canton? Or any good links on purchasing a new or used one?
All info would be useful.
Thank you
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  #2  
Old 26.07.2011, 14:20
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Re: ATM Machines

You want to buy a bank cash machine / cash point ???
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Old 26.07.2011, 14:24
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Re: ATM Machines

Instead of fixing up the spy camera and the fake keyboard, he has figured it's much easier to install his own ATM.
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Old 26.07.2011, 14:27
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Re: ATM Machines

I remember those awful 3rd party stand-alone ATM's you get in Pubs and other areas in the UK... The ones that charge you 1.75-2.50 to make a withdrawal.

I hope this isn't the plan for Switzerland.


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Old 26.07.2011, 14:27
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Re: ATM Machines

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You want to buy a bank cash machine / cash point ???
Yes. I have an idea of placement that I think would do real well.
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Old 26.07.2011, 14:28
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Re: ATM Machines

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I remember those awful 3rd party stand-alone ATM's you get in Pubs and other areas in the UK... The ones that charge you 1.75-2.50 to make a withdrawal.

I hope this isn't the plan for Switzerland.
Since it was my machines in the UK, then yes, you got me.
Otherwise how is it possible to make it happen?
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Old 26.07.2011, 14:30
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Re: ATM Machines

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Yes. I have an idea of placement that I think would do real well.
I haven't seen any 3rd party ATM's here. It's probably a fiercely legislated/protected market due to privacy and profit concerns.

Good luck in your research.
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Old 26.07.2011, 14:34
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Re: ATM Machines

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Yes. I have an idea of placement that I think would do real well.
We have a very suitable site in Geneva for one of those machines ... its in between the Rive Gauche and the Rive Droite.
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Old 26.07.2011, 14:34
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Re: ATM Machines

Yeah I know some swiss bankers, like everyone else, but I thought it might be easier to ask here first. I have seen them before, actually, I just don't remember where or any contact info of course.
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Old 26.07.2011, 14:37
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Re: ATM Machines

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We have a very suitable site in Geneva for one of those machines ... its in between the Rive Gauche and the Rive Droite.
I think any ATM is useful when the closest one in walking distance, in the evening hours is about 30 minutes away. I have talked to dozens of people about the need for access to an ATM at this location. Not on my own accord, but people requesting one. I get atleast 5 requests per day, for the last year and a half. It's worth looking into.
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Old 03.09.2011, 11:53
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Re: ATM Machines

ATMs in Switzerland are all owned by companies with a banking license. The requirements for a banking license are quite strict and extensive. Are 3rd party ATMs permitted? I don't think so.
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Old 03.09.2011, 11:55
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Re: ATM Machines

Ask NCR in Glattzentrum / Wallisellen.
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Old 05.09.2011, 14:28
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Re: ATM Machines

i would suspect that there are very few places in CH with sufficient footfall to make such a machine worthwhile, which doesn't already have one.
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  #14  
Old 05.09.2011, 17:10
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Re: ATM Machines

I don't know any Swiss person with less than 200chf in their wallet/purse at any one time.

The lack of "cash in wallet" problem must be a poor starving ex-pat problem.

Add to that, in the majority of residential areas (outside of Glarus) - EC cards are excepted pretty much universally.
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