CashPool

CashPool
Operating areaGermany
Members29
ATMsapprox. 2,800[1]
Founded2000

CashPool is a cooperation of a multitude of smaller or virtual German private banks, in which they mutually waive ATM usage fees for their customers. It is not an interbank network but uses the pre-existing German ATM or Maestro/Cirrus networks. With more than 2800 ATMs,[2] the cooperating banks' ATM networks form the smallest ATM group in Germany.

The cooperation was founded in 2000. Its primary competitor in Germany is Cash Group.

Background

Most banks in Germany, while connected through the German ATM network, charge ATM usage fees for customers of other banks.

In 1998, the six largest German private banks established Cash Group, mutually waiving these fees within the Group.

After the formation, other private banks tried to join Cash Group but were not accepted into the Group. Being smaller than the six large private banks, they operated fewer ATMs and thus would have unilaterally benefited from the use of the other bank's larger networks.

As a consequence, several of these smaller banks founded CashPool and also mutually waived ATM usage fees within the group. For comparison, the big banks' Cash Group network has over 4,500 ATMs,[3] the co-operative banks (as members of the Bankcard-Servicenetz) share 13,791 ATMs (as of 2025),[4] and the savings banks operate approximately 19,650 ATMs (as of 2023) for their SparkassenCard.[5]

The private banks (but not the savings banks and cooperative banks) had undertaken to charge a maximum of EUR 1.95 for payments to third-party customers from January 2011.[6] In August 2015, Deutsche Bank, Postbank and Commerzbank terminated the voluntary commitment.[7] The banks involved in Cashpool (listed below) currently have around 2,800 ATMs in Germany, of which around 160 locations are not publicly accessible because they are located on company premises or in a company building. There is no nationwide supply or even distribution. So there are in Nuremberg, for example, there are around 20 ATMs (¾ of which are publicly accessible and also unevenly distributed within the city area), while the nearest ATM in the Sylt holiday region is only about 70 km away in Flensburg.[8]

Current members

Source:[9]

Former Members

References

  1. ^ "CashPool Website" (in German). CashPool. Retrieved 15 April 2026.
  2. ^ "CashPool Homepage" (in German). CashPool. Retrieved 15 April 2026.
  3. ^ "Cash Group Homepage" (in German). Cash Group. Retrieved 15 April 2026.
  4. ^ "Anzahl der Geldautomaten Ende 2024" (PDF) (in German). Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR). Retrieved 15 April 2026.
  5. ^ "Finanzbericht 2023 der Sparkassen-Finanzgruppe" (PDF) (in German). Deutscher Sparkassen- und Giroverband (DSGV). 15 May 2024. Archived from the original (PDF) on 1 August 2024. Retrieved 17 April 2026.
  6. ^ "Geldautomaten-Streit: Privatbanken preschen mit Niedriggebühr vor". Der Spiegel (in German). 25 August 2010. ISSN 2195-1349. Retrieved 15 April 2026.
  7. ^ Lansch, Rita (November 2015). "Private Rente wird teurer als gedacht". Bankmagazin (in German). 64 (12): 32–35. doi:10.1007/s35127-015-0677-2. ISSN 0944-3223. S2CID 218061537.
  8. ^ "CashPool" (in German). CashPool. Retrieved 15 April 2026.
  9. ^ "Kontakt" (in German). CashPool. Retrieved 15 April 2026.
Wikimedia Commons logo
Wikimedia Commons has media related to CashPool.

Content Disclaimer

Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.

  1. The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
  2. There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
  3. It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
  4. Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
  5. Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.