International bank charges

15 06 2008

Withdrawing cash from international ATM’s is pretty expensive!

All of the ATM’s I’ve used here (in Paris, Strasbourg and Ettlingen) can only extract funds from my Visa account and, for a withdrawal of 160€ (about A$260) I am charged A$4.00 for using an OS Terminal and then charged an International Conversion Fee of A$6.50. 

I guess 4% is not exorbitant for the convenience of being able to access your funds anywhere in the world but you sure notice it when staring at your online statement!




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