From: =?ISO-8859-1?Q?Kir=E1ly?= on
Yes, yes, I know, I know. These days everyone uses ATMs. But my bank
charges such a hefty fee for using foreign ATMs that I have already
determined that I will save money by bringing cash from home (Canada)
and exchanging it at OTP Bank in Budapest. Are there any other exchange
shops that have better rates than OTP Bank?

--
K.

Lang may your lum reek.
From: Martin on
On 10/06/10 02:53, Kir�ly wrote:
> Yes, yes, I know, I know. These days everyone uses ATMs. But my bank
> charges such a hefty fee for using foreign ATMs that I have already
> determined that I will save money by bringing cash from home (Canada)
> and exchanging it at OTP Bank in Budapest.

Assuming the don't charge?

> Are there any other exchange
> shops that have better rates than OTP Bank?

Open an account with a bank that doesn't charge exorbitant rates.

From: Tom P on
Martin wrote:
> On 10/06/10 02:53, Kir�ly wrote:
>> Yes, yes, I know, I know. These days everyone uses ATMs. But my bank
>> charges such a hefty fee for using foreign ATMs that I have already
>> determined that I will save money by bringing cash from home (Canada)
>> and exchanging it at OTP Bank in Budapest.
>
> Assuming the don't charge?
>
>> Are there any other exchange
>> shops that have better rates than OTP Bank?
>
> Open an account with a bank that doesn't charge exorbitant rates.
>

Ditto. I have a card account with an online bank that charges nothing
for cash withdrawals at foreign ATMs.

T.
From: Martin on
On 10/06/10 11:01, Tom P wrote:
> Martin wrote:
>> On 10/06/10 02:53, Kir�ly wrote:
>>> Yes, yes, I know, I know. These days everyone uses ATMs. But my
>>> bank charges such a hefty fee for using foreign ATMs that I have
>>> already determined that I will save money by bringing cash from home
>>> (Canada) and exchanging it at OTP Bank in Budapest.
>>
>> Assuming the don't charge?
>>
>>> Are there any other exchange shops that have better rates than OTP
>>> Bank?
>>
>> Open an account with a bank that doesn't charge exorbitant rates.
>>
>
> Ditto. I have a card account with an online bank that charges nothing
> for cash withdrawals at foreign ATMs.

Especially as if a bank grossly overcharges on one item, it is probably
overcharging on others.
From: Tom P on
Martin wrote:
> On 10/06/10 11:01, Tom P wrote:
>> Martin wrote:
>>> On 10/06/10 02:53, Kir�ly wrote:
>>>> Yes, yes, I know, I know. These days everyone uses ATMs. But my
>>>> bank charges such a hefty fee for using foreign ATMs that I have
>>>> already determined that I will save money by bringing cash from home
>>>> (Canada) and exchanging it at OTP Bank in Budapest.
>>> Assuming the don't charge?
>>>
>>>> Are there any other exchange shops that have better rates than OTP
>>>> Bank?
>>> Open an account with a bank that doesn't charge exorbitant rates.
>>>
>> Ditto. I have a card account with an online bank that charges nothing
>> for cash withdrawals at foreign ATMs.
>
> Especially as if a bank grossly overcharges on one item, it is probably
> overcharging on others.

In this case (DKB) they seem to offer the free foreign ATM cash
withdrawal as a lost leader and charge on other services - like charging
for domestic cash withdrawals - which I never use.

T.