Archived posting to the Leica Users Group, 1999/10/06

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Subject: Re: [Leica] Travel Photography Made Easy
From: "William Ferris" <billferris@worldnet.att.net>
Date: Wed, 6 Oct 1999 10:35:08 -0400

I have never had additional fees added to ATM transactions.  You need a new
bank!!

Bill
- ----- Original Message -----
From: James R. Nelon <jnelon@netvigator.com>
To: <leica-users@mejac.palo-alto.ca.us>
Sent: Wednesday, October 06, 1999 9:51 AM
Subject: Re: [Leica] Travel Photography Made Easy


> You suggest that there are no fees to pay when you use an ATM to
> withdraw funds when overseas. Let me suggest otherwise: When I withdrew
> some funds when I was in Bangkok recently (I live in Hong Kong and have
> a "no fee for ATM use" credit card issued by a bank in Boston), I was
> charged a "foreign use" fee for simply accessing the ATM of Hong Kong
> Bank in Bangkok. Then I was charged a transaction fee (three bucks or so
> USD) for the actual withdrawal, and then on top of those surprises the
> bank gave me a terrible exchange rate, adding yet another cost to me on
> top of the other two insults. I've lived in Asia for almost six years,
> and I find it almost always better to exchange USD into the country's
> currency at the airport upon arrival in the visiting country. At least
> in Asia. The exception being in Manila, where the hotels are usually
> (miraculously) a better deal.
>
> Jim Nelon
>
>
>
> William Ferris wrote:
> >
> > What equipment to take is always debatable, but the ATM advice is tops.
I
> > travel a lot, everywhere and never get cash any way other than with an
ATM
> > card.  Those machines are everywhere---no lines to stand in, no fees to
pay
> > and the best rate you can get.
> >
> > Bill
> > ----- Original Message -----
> > From: Nathan Wajsman <nathan.wajsman@euronet.be>
> > To: <leica-users@mejac.palo-alto.ca.us>
> > Sent: Wednesday, October 06, 1999 12:37 AM
> > Subject: Re: [Leica] Travel Photography Made Easy
> >
> > > Bill,
> > >
> > > This is a fun rule...Actually, you should NEVER exchange money when
> > > travelling. Just bring your good old ATM card and use it to withdraw
> > > cash as you need it.
>