No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveATMs shut down late at night

ATMs shut down late at night

Some government agencies and private institutions in Costa Rica are taking measures to reduce thefts and muggings that are common around the holiday season.

Banco Nacional and Bancrédito announced this week that all of their ATM locations around the country would be closed from 10 p.m. to 5 a.m. starting today.

Banco de Costa Rica began the same measure on Wednesday.

“We asked our clients to organize themselves to make their withdrawals during the day time… during a time where their physical safety would not be compromised,” said Manrique Chacón, strategy commercial director for Banco Nacional.

Banco de Costa Rica said in a press release that night-time ATM operations represent only 7 to 8 percent of transactions.

For the most part, these three banks have taken the security measure due to the common practice of “paseo millonario,” or “millionaire ride,” a term for the random kidnappings of people around holiday season where assailants take their victims to various ATM locations and take all of their money.

In many cases, female victims are often sexually assaulted, said Rándal Picado, vice director for the Public Security Ministry.

The ministry has also increased its police presence in key commercial and financial areas around the country. The Aguinaldo Operative has been in place since Monday, deploying hundreds of officers to safeguard residents collecting or using their aguinaldo, the year-end holiday bonus.

Picado advises citizens not to accept assistance with their ATM transactions, not to carry large amounts of money, and not to get distracted while using cell phones in the street.

In addition, the ministry is warning citizens against an e-mail scam regarding muggings around ATMs around the nation, where victims are instructed to mark their personal identification numbers (PIN) backward in order to notify police officers.

The information on this e-mail is completely false, Picado said in a press release.

See today´s print edition of The Tico Times for more on the end-year bonus given to employees, the aguinaldo.

Trending Now

Guatemala Begins Building Maximum Security Prison for Gang Members

Guatemalan President Bernardo Arévalo placed the first stone Friday for a new maximum-security prison in the eastern department of Izabal that will hold more...

Costa Rica Marks Palm Sunday with Crowds at Cartago Basilica

Palm Sunday brought large crowds to Cartago on Sunday as Catholics gathered at the Basílica de Nuestra Señora de los Ángeles for Masses, blessings...

Costa Rica Tourism Chamber Calls for Central Bank Rate Cuts

The National Chamber of Tourism pressed the Central Bank of Costa Rica to lower its policy rate as the industry struggles with competitiveness. Canatur...

Costa Rica Puma Makes Miraculous Recovery

A puma survived a vehicle collision in La Fortuna de San Carlos and returned to the wild after officials provided veterinary care. The incident...

Costa Rica Faces Growing Calls to Restrict Social Media Use Among Children

A landmark jury decision in California is sending shockwaves through the global tech industry, and its ripple effects are now being felt in Costa...

Costa Rica Faces Oil Shock Reversal After Months of Deflation

Costa Rica entered 2026 with an economy that combined strong growth and persistent deflation, a combination economists describe as unusual. Headline inflation reached -2.7...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica