sv Elysium

Cruising thrugh Life

 

Also, if you have an ATM Card that refunds the Fee for using another Bank's ATMs that's a plus.

On this end, your best exchange rates (by a few 10ths of a point) will found at ATMs belonging to First Tier Foreign Exchange banks: Citibank (Banamex), HSBC, Lloyds, and a few others.

For safety, only use ATMs attached to or inside a bank branch. Avoid if possible free standing ATMs. Use the same cautions you would in the US.

Hope this helps. I'd be happy to answer any more questions

Bill Finkelstein
Retired Bank Executive (35+ years): Bank of America, Citibank, Wells Fargo, Bank Consultant

On a boring subject, many credit cards have recently imposed a 3% extra charge on foreign transactions (eg any that are not in your home currency). That can add up to quite a bill if you travel alot. However, after searching around a bit we found several good banks with competitive cards that are not making this charge. Capital One (800-955-7070) seemed to us to be the best, with good service, basically no fees and airline points.

By the way, when these fees first showed up I called the service reps at two of my cards to ask about it and got a bald face lie from both. They said they were simply passing on a new charge from Visa / Mastercard, when in fact VISA & Mastercard are only making a 1% charge and the banks are adding on 2% in extra profit (a huge amount in credit card terms).

 

 

All images and content copyright of David A. Kall