Quote:
Originally Posted by RuthB
Paxum does not charge any Forex fee of our own. The Forex fees are charged by MC and the different banks involved in the transaction. As far as we know at Canadian ATM's it is 1% more than if the money were to be exchanged in the branch by the same bank that operates the ATM.
|
That sounds likely yes. These random atm usually charges a CA $1.5 fee on top too. In this test case it was a BMO ABM, so no extra fees except the 1.15% FX markup (pocketed by the bank/MC)