"Donald Newcomb" wrote in message
news:463c86cc@kcnews01...
> "Edward" wrote in message
> news:1178287648.187666.23540@n76g2000hsh.googlegroups.com...
>> My US bank charges $2 for each withdrawal using my ATM card in Italy.
>> They warned me that the banks in Italy also charge a fee, which could
>> be even more. Does anyone know what the banks in Italy charge to use
>> a non VISA, USA ATM card in Italy to withdraw cash? Thanks,
>
> I have never been charged a fee by an Italian bank for using their ATM but
> it has been a couple of years. While $2 is just a drop in the bucket, it
> seems rather high. You might want to look around for another bank. Check
> with your credit card companies and don't use any that charge more than
> Interbank + 1% for foreign transactions. Also, always check your credit
> card slips before you sign to make sure that you are being charged in
> Euros.
> When they charge you in dollars they want you to believe that it's for
> your
> convenience but the exchange is done at a retail (worse) rate so it is
> much
> worse for you.
The last time I was in Italy there was a machine in every airport that
changed cash notes at exactly the exchange rate of the day with no 'turn' or
commission payment.
Don't know if they're still there but this was well after Euros had come
in...
It may just be better to carry cash.
--
William Black
I've seen things you people wouldn't believe.
Barbeques on fire by the chalets past the castle headland
I watched the gift shops glitter in the darkness off the Newborough gate
All these moments will be lost in time, like icecream on the beach
Time for tea.
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