"Alfred Molon" wrote in message
news:bf4dc04ca16b4d837228dbe4ac15ad68@news.meganetnews.com...
> In article , kurkku@kolumbus.fi
> says...
> >
> > "Alfred Molon" wrote in message
> > news:308f4ca81a54c011c44f5ae083585338@news.meganetnews.com...
> > > In article , kurkku@kolumbus.fi
> > > says...
> > >
> > > > I don't think so. Recall that German fellow who doesn't pay much
lower
> > > > margins (3,7 euros if I have it right) than I do.
> > >
> > > That's a fixed fee independent of the amount you withdraw. Suppose you
> > > withdraw 20000 Bath from an ATM. That's 425 Euro, so the fee in this
case
> > > is less than 1%.
> > >
> > > But if I withdraw cash at a Citibank ATM anywhere in the world there
is
> > > no fee. Also, Sjoerd also pays very low fees for ATM cash withdrawal.
> > > --
> > Your rate is 2,6% more expensive than mine.
>
> How can you get a rate which is 2,6% better than the interbank rate ? The
> bank must be losing money then. (note: the rates I quoted are interbank
> rates).
> --
I guess so.
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