Can you claim the International ATM Charges

YorkshireBoy

natweststaffmember wrote: »

(they may offer a pretty poor exchange rate, but they gotta recoup what they are charged somehow)

Isn't the exchange rate set by Visa themselves?

I know I got a very good rate (much better than 'tourist rate') with my Nationwide debit card recently in Germany.

lilac_lady

Nationwide doesn't charge anything for ATM transactions abroad. It's worth having an account with them even if it's just used for holidays. I think it's a cheek for banks to charge people for taking out their own money.

bajmoe

lilac_lady wrote: »

Nationwide doesn't charge anything for ATM transactions abroad. It's worth having an account with them even if it's just used for holidays. I think it's a cheek for banks to charge people for taking out their own money.

My sentiments exactly, I used my debit card, because I was fed up receiving hidden charges from my credit card, to receive bank charges for taking out my own money, it’s not like there giving me interest on my Account.


Bajmoe


Some times life to short to read the small print

Edinburghlass_2

Life may be too short to read the small print but as you have found it can be expensive.

NatWest Current Plus
£1.25 flat fee plus 2.75% currency conversion charge.

Demelza

Hi,

Can anyone help. My son's just come back from a long trip in S E Asia. Now he's going through his bank statements he's discovered that for every cash withdrawal he made he's been charged £1.50 but nowhere was it obvious that there would be a charge. Could he claim these charges back?

Be grateful to hear fom anyone who has had the same experience or knows anything.

Cheers.

YorkshireBoy

Demelza wrote: »

...for every cash withdrawal he made he's been charged £1.50 but nowhere was it obvious that there would be a charge.

Do you mean on the ATM or at the bank(s) he withdrew from, or in his T&C's?

EDIT: It sounds like he has a Halifax account? If he goes again he needs to read this article first...

http://www.moneysavingexpert.com/travel/cheap-travel-money

Could he claim these charges back?

No.

dzug1

Demelza wrote: »

Hi,

Can anyone help. My son's just come back from a long trip in S E Asia. Now he's going through his bank statements he's discovered that for every cash withdrawal he made he's been charged £1.50 but nowhere was it obvious that there would be a charge. Could he claim these charges back?

Be grateful to hear fom anyone who has had the same experience or knows anything.

Cheers.

No he can't claim them back.

Many banks (but not all) make this charge. It will be in the T&C

karie

if you have a hsbc plus account you can make withdrawals for free.

(however there is a £12.95 account fee so might not be worth getting just for international atm withdrawals.)