134.85 Automated teller machines; international charges. - Wisconsin Statutes

134.85

134.85 Automated teller machines; international charges.

134.85(1)

(1) In this section:

134.85(1)(a)

(a) "Automated teller machine" means any electronic information processing device located in this state that accepts or dispenses cash in connection with a credit, deposit, or other account. "Automated teller machine" does not include a device that is used solely to facilitate check guarantees or check authorizations, or that is used in connection with the acceptance or dispensing of cash on a person-to-person basis.

134.85(1)(b)

(b) "Foreign account" means an account with a financial institution located outside the United States.

134.85(2)

(2) An agreement to operate or share an automated teller machine may not prohibit an owner or operator of the automated teller machine from imposing on an individual who conducts a transaction using a foreign account an access fee or surcharge that is not otherwise prohibited under federal or state law.

134.85 - ANNOT.

History: 2007 a. 48.