The Australian Greens Party said on Friday that they would work on stopping the country's four major banks from collecting $2 inter-bank ATM transactions, which they asserted is being shunned by financial institutions in the United Kingdom.

Greens leader Bob Brown said that the charging measures were quite alien for banks operating in UK as he asserted that Australian ATM operators must follow suit and refrain from instituting the measures, which mostly affected the poor.

Senator Brown cited as an example a $20 withdrawal from an affiliated bank by a pensioner, which automatically incurred a ten percent tax from the big four banks such as the Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation.

However, if a senator like him decided to draw some $200 from any of the four major banks and not from his own bank, he is only slapped with a one percent tax, which according to him is grossly unfair for the less-privileged Australians.

The Greens senator also revealed that his party is looking at the possibility of outlawing the exit fees that banks charge on individuals when they opted to transfer their mortgage into another lending institution.

Senator Brown said that they want to be assured that once "people go to another bank they're not charged more than it cost the first bank, in terms of ending the loan.

He added that more proposals would be pushed by his party to ensure that the banking public would not end up being "routinely ripped off by unnecessary fees, giving a huge profit to the big four banks."