In Reply to: atm at airport? posted by travfam on Thursday, 28. June 2007 at 09:00 Bali Time:
and this is what we found.
When we got home and got our statement this is what the fees were
FEE - FOREIGN CURRENCY TRANS AT O/S ATM DENPASAR $3.99
MASTERCARD CURRENCY CONVERSION FEE DENPASAR $2.66
FEE - WITHDRAWAL AT O/S ATM DENPASAR $5.00
The most we could draw out was 2 million
which was $265.96
So the rate we got was approx 7545
So whilst the rate was slightly more than on the street at the Kodak Shop was 7450.
With the added $11.65 fees from our bank "Westpac"
It makes our $265.96 = $277.61 which is a rate of approx 7200
So bottom line is with ATM we got 2,000,000 for $277.61
If we had of taken that $277.61 to money changer we would of got
2,068,194
We hadnt used an ATM in Bali before and just wanted to see....
Would use for emergency but not for all our spending money.
I dont know what other Banks charge but thats the fee's that Westpac charge.
I guess could be best to check with your own bank on there fees.