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Old 09-18-2008, 11:53 AM  
Michael O
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Join Date: Jul 2001
Location: Nakhom Nowhere
Posts: 10,607
I use the card all the time since I am in Denmark
We don't set the exchange rate Visa does and they charge a 1% currency convertion fee.

I have run tests and when I compare the rate I get withdrawing from the ATM with what I would get if I walked into my bank with US$ in my hand the difference in the rate is normally around .5%
But the bank that owns the ATM can charge as fee on the transactions as well, we never charge anything more thant he $2 per withdrawal.
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