ATM Epass withdrawel in Europe - GoFuckYourself.com

marcjacob · 09-18-2008, 11:42 AM

Anyone withdraw from an ATM using Epass in Europe?

Could you give me a rough idea of what the $ to euros rate is that they use?

Michael O · 09-18-2008, 11:53 AM

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.

marcjacob · 09-18-2008, 12:06 PM

Thanks Michael, would those rates be on Visa's website anywhere?

seeandsee · 09-18-2008, 12:46 PM

I think it's all about bank you get money form

ffmihai · 09-18-2008, 12:54 PM

i was thinking too thats its a visa exchange rate. but its a fair exchange. for example if you go to prague and want to change cash at a private exchange hous, you can loose even 30% of the amount. seriously!

Michael O · 09-18-2008, 01:08 PM

Quote:

Originally Posted by marcjacob

Thanks Michael, would those rates be on Visa's website anywhere?

No its not posted anywhere, I believe they take the average rate from the last 24 hours for the most common currencies.

09-18-2008, 11:42 AM	#1
marcjacob Confirmed User Join Date: Jun 2003 Location: England Posts: 1,063	ATM Epass withdrawel in Europe Anyone withdraw from an ATM using Epass in Europe? Could you give me a rough idea of what the $ to euros rate is that they use? __________________ Free Site Express GFY Launch Offer Gay Demo Video - Straight Demo Video Icq: 191127710 Email: [email protected]

09-18-2008, 11:53 AM	#2
Michael O More Cowbell Industry Role: 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. __________________ Truth Teller

09-18-2008, 12:06 PM	#3
marcjacob Confirmed User Join Date: Jun 2003 Location: England Posts: 1,063	Thanks Michael, would those rates be on Visa's website anywhere? __________________ Free Site Express GFY Launch Offer Gay Demo Video - Straight Demo Video Icq: 191127710 Email: [email protected]

09-18-2008, 12:46 PM	#4
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	I think it's all about bank you get money form __________________ BUY MY SIG - 50$/Year Contact here

09-18-2008, 12:54 PM	#5
ffmihai keep walking... Industry Role: Join Date: Jun 2002 Posts: 7,177	i was thinking too thats its a visa exchange rate. but its a fair exchange. for example if you go to prague and want to change cash at a private exchange hous, you can loose even 30% of the amount. seriously! __________________