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#44802
03/10/2015 09:36 AM
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Joined: Dec 2014
Posts: 357
Traveler
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OP
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Joined: Dec 2014
Posts: 357 |
Which ATMs have the is best exchange rate to get Euros from USD? Thanks!
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Joined: Aug 2005
Posts: 1,956
Traveler
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Traveler
Joined: Aug 2005
Posts: 1,956 |
Exchange rates fluctuate by the day the transaction is posted and by bank, according to the market rate. It would be virtually impossible to predict which bank charges less on a given day at the ATM. If withdrawing a large enough amount where what would probably amount to a 2% or less difference from bank to bank, you could stop in to the actual branch to check on the exchange rate of the day. However, most daily ATM limits would not allow such a large withdrawal so as to make the effort worthwhile (IMO).
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Joined: Dec 2004
Posts: 5,166 Likes: 4
Traveler
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Traveler
Joined: Dec 2004
Posts: 5,166 Likes: 4 |
If you are getting euro from a French ATM then the bank is irrelevant...200 euro will cost 200 euro... It is YOUR card that will convert the euro to dollars so the rate is dependent on your bank
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Joined: Jul 2013
Posts: 837
Traveler
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Traveler
Joined: Jul 2013
Posts: 837 |
Its the network the transaction goes through that sets the rate. This exchange rate is either the wholesale market rate or a government-mandated rate on the day before the date the transaction is processed. The processing date may differ from the date of the transaction.
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Joined: Apr 2008
Posts: 695
Traveler
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Joined: Apr 2008
Posts: 695 |
Where are the ATMs on the French side? Does the supermarket in Grand Case have an ATM?
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Joined: Jul 2013
Posts: 837
Traveler
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Traveler
Joined: Jul 2013
Posts: 837 |
I use the credit mutuel ATM in Hope Estate, just down from Simply supermarket. It dispenses Dollars or Euros, your choice.
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Joined: Sep 2007
Posts: 211
Traveler
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Traveler
Joined: Sep 2007
Posts: 211 |
The ATM wilsonck is talking about also has no fee, we used it a few times last week
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