First Direct ATM exchange rates?

Musicpirate

Do First direct publish the rate at which they convert GBP to foreign currencies when using a cash machine abroad?

I will be travelling to Turkey on Tuesday and not sure if i should take Sterling with me and change it up over there (which i was advised to do by family who frequently go to Turkey) or if i should just wait to get my cash over there out the ATM.

I have First Directory so i wont be charged a withdrawal fee, just the 2.75% conversion fee, which is fine by me if the rate is any good, but i cant find what rate i will get.

YorkshireBoy

See your bank's 'rates and charges' booklet...


http://www3.firstdirect.com/assets/pdf/rates-and-charges.pdf (last page)


...and then ring them.

agrinnall

I'm not sure that ringing them would really be advantageous as they can't tell you in advance of performing a transaction what the VISA exchange rate will be when the transaction is actually presented to them. And you probably wouldn't want to be on the phone to FD several times a day while on holiday .

Given the exemptions from charges that being a First Directory customer brings I'd say the most important thing is to find an ATM that doesn't make a charge for withdrawals, and for purchases to ensure that DCC is not used.