Is the phrase, Free ATM withdraws grammatically correct?

By Dave, Cleveland, USA - Fri, 25 Jan 2008

The Phrase
Free ATM Withdraws is a wrong one. You might have seen this phrase probably in a BANK BULLETIN.

The right phrase to be used in a context is:

Free ATM withdrawals are not allowed.

Every ATM withdrawal is taxed.

Withdraw is a Verb. It should not be used as a noun. The noun form of this verb is

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