Population of Nossa Senhora do Monte on Ilha Brava demands review of the high fees charged by the ATM system

The locality, known for its inhabitants' morality and natural beauty, faces economic challenges due to its geographic isolation, number of people and distance to the city of Nova Sintra. As a result, financial services in the region are limited, and the arrival of the The automatic teller machine was initially received with enthusiasm by the community of Nossa Senhora do Monte.

However, after a few weeks of using the system, residents began to complain about the high fees charged to access their own money, fees of almost 4% for each withdrawal. Many claim that the fees are disproportionate to the services offered and that they are financially burdening the local population.

One of the interlocutors who preferred to remain anonymous, a resident of Nossa Senhora do Monte, expressed his dissatisfaction with the high fees: "Initially, we were happy to have an ATM system here. It was much more convenient than traveling to the city of Nova Sintra. However, the fees are simply absurd. It seems that we are being penalized for wanting to access our own money."

Faced with this situation, residents are demanding an immediate review of fees charged by the ATM system. They argue that these fees are hurting the local economy and discouraging use of the service, making it necessary to turn to more expensive alternatives.

Local authorities are aware of the population's concerns but say there is little they can do, as it is a private institution that governs with its own rules, but. it is hoped to take this concern to the financial institution, asking for a solution that benefits the community and offers affordable and fair financial services.

Meanwhile, residents of Nossa Senhora do Monte continue to grapple with the high fees, but remain optimistic that their voices will be heard and that a favorable solution will be reached. The community is united in its desire to ensure fair and affordable access to financial services, with a view to boosting economic development and improving the quality of life in the parish.