Recently, Rabobank just announced new rules related to cash deposits (done at an ATM), mainly modifications of imposed fees. So, starting with 1st September this year, you will be charged €2.25 per each cash deposit, but not more that 4 times per year. After that, the charge will go directly to €9.50 per deposit.
Rabobank justifies this by several reasons, such as preventing criminal activities, costs related to cash-based activities, and so forth. What's interesting to notice, is that the cash is under more pressure from all over the world (looking at Central Banks / governments) to be quickly deprecated (and/or made extremely costly to handle). Probably soon electronic money will be a choice imposed everywhere.
But meanwhile, Rabobank joined the banks line that are charging negative interest rate: -0.50% for any accounts above €100.000 (for now at least - starting with 01.07.2021). So once again, thank you ECB!
