Update

by midalake @, Tuesday, July 25, 2017, 10:46 (85 days ago) @ Gringo Viejo

9,000 is the most I have seen and that is at Santander (used to be associated with B of A but now Scotiabank is associated.

With some banks your withdrawal will show up on your statement first then later the charges will be posted.

Yes, as I said, some cards say "no foreign transaction fee" but the exchange rate is low. You have to calculate NET.

You are mistaken on several items. First all the numbers I gave you are NET.

You will get NO DIFFERENT rate whether your card has a "foreign fee" attached to it or not.

IN fact.....if you have a card with a "foreign fee" is is deducted by the home bank or issuer. You would see this separate of the transaction.

The BANKS ATM sets the exchange rate regardless of what type of card is used. It just so happens HSBC seems to be using predatory practices.

D


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