ATM fee survey
11-28-2011, 10:54 PM,
#5
RE: ATM fee survey
Well, O.K., the fee is only part of the story, although that's the part that raises our hackles. The other part is the exchange rate.

Today, I withdrew a chunk of pesos from the ATM at Bancomer (Ju?rez at Ju?n Valle) and their fee was still $19.50 pesos + 3.12 pesos commission. Taking the fee into account, the raw exchange rate was 14.037967, or 13.958682 for what I netted in cash.

As an experiment, I then walked directly to Banamex on Plaza Los Angeles and withdrew from their ATM, using my no-fee Banamex USA card. The exchange rate was a (relatively) measly 13.888888!

The transactions were 3? minutes apart!


Messages In This Thread
ATM fee survey - by mr bill - 11-24-2011, 11:58 AM
RE: ATM fee survey - by kasugie - 11-24-2011, 12:50 PM
RE: ATM fee survey - by doncoulter - 11-24-2011, 04:37 PM
RE: ATM fee survey - by laconstance - 11-25-2011, 12:55 PM
RE: ATM fee survey - by laconstance - 11-28-2011, 10:54 PM

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