In Reply to: Free ATM transactions? posted by Black_Cat on Tuesday, 30. November 2004 at 13:03 Bali Time:
DOES indeed charge a fee for each usage of a foreign ATM - but it may be offset against your 'loyalty discount' so you end up paying nothing. Depends on your balance and how much business you do with them!
ATM's have a huge advantage over TC's and cash!! They offer the wholesale interbank rate for the day. Everything else offers the retail rate for the day. Check out the buy/sell spread on the retail rate - frightening!!!