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Post By Snakeboy
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9 Dec 2016
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Banned
HUBB regular
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Join Date: Jun 2016
Posts: 49
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British banks charge 2% for exchange..before somebody contradicts, it is in the spread. American banks charge 2% for foreign transactions. SA banks charge 2.6%, doesn't seem that outrageous. And to kawazoki's point, banks are there to make money, lots of money for their shareholders, its a fact of life.
Now to suggest deletion, suspension or whatever; this isn't the christian childrens community website, we are super duper tough motorcyclists and sometimes we speak our minds, I'm sure Camomillo can take it 
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10 Dec 2016
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Veteran HUBBer
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Join Date: Dec 2012
Location: Back into the hamster wheel again, in Oslo - Norway. Did a 5 year RTW trip/250 k kms, 2014-2019
Posts: 1,551
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Quote:
Originally Posted by caminito
British banks charge 2% for exchange..before somebody contradicts, it is in the spread. American banks charge 2% for foreign transactions. SA banks charge 2.6%, doesn't seem that outrageous. And to kawazoki's point, banks are there to make money, lots of money for their shareholders, its a fact of life.
Now to suggest deletion, suspension or whatever; this isn't the christian childrens community website, we are super duper tough motorcyclists and sometimes we speak our minds, I'm sure Camomillo can take it  
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There still are many countries that charges nothing or very little for the use of a foreign cards in their ATMs, for example Australia and New Zealands banks ATMs charges a 3 dollar fee for each withdrawel and you can at least withdraw 500 dollars at a time - probably more (I didnt try) and banks in Indonesia and Malaysia didnt charge any fees at all if I remember right. I wonder how these banks can make a living compared to their AS counterparts?
A certain fee is understandable but nothing like 97 pesos for a 1200 pesos withdrawel! And you should check your % calculation - it sure wasnt your best subject at school.
Anyhow - Cammomillo started a a serious thread with a simple question and a certain person thinks that a good point to try to write nonsense several times.
Is that the way we want this forum to be?
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