5 ms·
I think the policy is outrageous, but that doesn't make the title correct. Also, 5% is not really significantly more than the typical fee an ATM already charge
by datadata 4y ago
I think the policy is outrageous, but that doesn't make the title correct.
Also, 5% is not really significantly more than the typical fee an ATM already charges.
- csomar 4y agoI don't know any local-ATM that charges % fees for local transactions. I'm in SEA, Cambodia to be specific, and the ATM % fee is around 1%. This is quite an improvement from a few years ago (where 5% was expected).
- aliqot 4y ago
- bigDinosaur 4y agoDo you mean 5% isn't much more than typical in Nigeria? or somewhere else? It's certainly much more than where I live where it's 0%...
- 1123581321 4y agoWouldn’t the 5% be on top of an ATM? Plus a regular cash user (not a trapped tourist) is going to be using a free one or withdrawing for free from a teller.
- deleted 4y ago[deleted]
- boeingUH60 4y agoNot true in Nigeria…if you use an ATM from the same bank you hold your account, you won’t be charged any fee. If you use another bank’s ATM, you’ll be charged a flat fee of 35 naira ($0.08).
- lzaaz 4y agoHere in Europe I don't get charged any kind of fee for withdrawals.
- smallnix 4y agoMy bank only allows 3x free cash withdrawals a month. Other banks have total sum limits.
- MerelyMortal 4y agoI get charged $3 for getting $400. Less than 1%, and my credit union reimburses the ATM fee.