CHARLOTTE, N.C. (AP) - People in need of cash in the Charlotte Douglas International Airport will continue to have one ATM option.
The Charlotte Observer reports (https://bit.ly/2iaBNpp ) that City Council approved a new, three-year contract with Bank of America as the airport’s exclusive ATM provider. The contract includes the possibility for two, one-year extensions.
The contract calls for Bank of America to pay the city an annual flat fee of $1.6 million, plus 75 cents for each transaction.
City officials estimate those fees from the airport’s 14 ATMs will bring in $318,750.
City Council first approved an exclusive agreement with the hometown bank in 2011. Before that, four banks had ATMs at the airport.
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Information from: The Charlotte Observer, https://www.charlotteobserver.com
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