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Since the beginning of summer, Finns have been able to practise
cash dispenser euro withdrawals on the Internet. This possibility
has been provided by Automatia Ltd's ATM web pages, which
contain a virtual cash dispenser that dispenses euros instead
of markkas. The virtual cash dispenser also introduces users
to the new display menu of the real "Otto" cash
dispensers.
Cash dispenser withdrawal amounts will change considerably
in Finland once the euro is placed in circulation at the beginning
of next year. The dispensers will then give out only 20 and
50 euro notes. Currently in Finland, one can withdraw 50,
100 and 500 markka notes, which are the equivalent of about
EUR 8.40, 16.80, and 84.10. Starting January 2002, cash withdrawals
will fluctuate between EUR 20-240, or between FIM 119-1,427.
The
smallest amount that can be withdrawn at any one time is EUR
20 and the largest EUR 400.
Automatia Ltd maintains and develops a network of about 2,000
cash dispensers in Finland as well as Finland's electronic
cash system. The company's ownership is equally distributed
between the largest Finnish banks Nordea (Merita), the Okobank
Group and Sampo. Together they account for 90 per cent of
Finland's retail and corporate customers.


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www.otto.fi
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