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Information and help please / Re: ATM
« on: June 05, 2015, 01:14:51 PM »
I used the ATM near the beach, in September 2012 last so it may have chanced but back then the machine gave two options, a guaranteed rate of 1.14 or the prevailing rate when the transaction goes through your bank. I took the later and when I returned home I checked my bank, the rate charged was 1.251 !!! reduced by my banks fixed fees to 1.219 on a withdrawal of 200 euros (so with a larger withdrawal the rate would have reduced by less).
Significantly better than the 1.14 guaranteed, not sure if my bank would have charged their fees on the 1.14 but I expect that they would so reducing the rate to 1.10.
Potentially £16 more expensive on my 200 euro withdrawal
If the ATM software is the same take the non guaranteed rate.
Significantly better than the 1.14 guaranteed, not sure if my bank would have charged their fees on the 1.14 but I expect that they would so reducing the rate to 1.10.
Potentially £16 more expensive on my 200 euro withdrawal
If the ATM software is the same take the non guaranteed rate.