Nationwide to charge for Euro transactions
in [Europe]
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From: Tim C. on 6 Aug 2010 05:03 On Fri, 06 Aug 2010 10:47:48 +0200, Martin wrote in post : <news:8c20g9F8pjU2(a)mid.individual.net> : > If you are frequently abroad open a bank account in the EU. Surely you mean the Eurozone? The UK is in the EU, however hard some try to pretend it isn't. :) I don't pay anything for ATM withdrawals in any Eurozone country. -- Tim C. I used to do rock climbing as a youth, but I was much bolder back then.
From: David Horne on 6 Aug 2010 05:07 Tim C. <spamtrap(a)tele2.at> wrote: > On Fri, 06 Aug 2010 10:47:48 +0200, Martin wrote in post : > <news:8c20g9F8pjU2(a)mid.individual.net> : > > > If you are frequently abroad open a bank account in the EU. Depends where you go abroad. Not going to help me with draw dollars or sols! :) > Surely you mean the Eurozone? The UK is in the EU, however hard some try to > pretend it isn't. :) > > I don't pay anything for ATM withdrawals in any Eurozone country. That's because euro banks can't charge any more than they would for 'home' withdrawals. But that works other ways- some banks in euro countries impose charges on home withdrawals... -- (*) of the royal duchy of city south and deansgate www.davidhorne.net (email address on website) "[Do you think the world learned anything from the first world war?] No. They never learn." -Harry Patch (1898-2009)
From: David Horne on 6 Aug 2010 05:08 Mike Lane <mike.lane.usenet(a)ntlworld.co.uk> wrote: > David Horne wrote on Aug 5, 2010: > > > Mike Lane <mike.lane.usenet(a)ntlworld.co.uk> wrote: > > > >> David Horne wrote on Aug 5, 2010: > >> > >>> Andy Pandy <spam8times(a)wonderful.spam.invalid> wrote: > >>> > >>>> Well after (correctly) telling us for years that other banks rip us > >>>> off with foreign exchange loading fees and foreign cash withdrawal > >>>> fees, Nationwide are jumping on the bandwagon and imposing a 2% > >>>> foreign exchange loading plus a �1 cash withdrawal fee on their debit > >>>> card. A bit cheaper than most banks but not much. > >>> > >>> I will miss the ATM card for the flex account- I used it all over the > >>> world for cash > >> [snip] > >> > >> Same here! > >> What will you use instead? > > > > As Andy, probably the Halifax Clarity credit card. But, when travelling > > on holiday with my partner, I'll get him to withdraw money from his > > Boston bank account, which only adds Visa's 1%. At least for the time > > being, with current exchange rates. > > > > > > I see, thanks. But what an absolute PITA. I find all this swapping accounts, > credit cards and all financial stuff tedious beyond belief. I'd almost rather > pay the extra 1% or whatever Extra 2-3% plus less favourable exchange rates... -- (*) of the royal duchy of city south and deansgate www.davidhorne.net (email address on website) "[Do you think the world learned anything from the first world war?] No. They never learn." -Harry Patch (1898-2009)
From: Tim C. on 6 Aug 2010 05:20 On Fri, 6 Aug 2010 10:07:47 +0100, David Horne wrote in post : <news:1jmss2d.13z2dur17fy0g0N%d4g4h4(a)yahoo.co.uk> : > Tim C. <spamtrap(a)tele2.at> wrote: > >> On Fri, 06 Aug 2010 10:47:48 +0200, Martin wrote in post : >> <news:8c20g9F8pjU2(a)mid.individual.net> : >> >>> If you are frequently abroad open a bank account in the EU. > > Depends where you go abroad. Not going to help me with draw dollars or > sols! :) > >> Surely you mean the Eurozone? The UK is in the EU, however hard some try to >> pretend it isn't. :) >> >> I don't pay anything for ATM withdrawals in any Eurozone country. > > That's because euro banks can't charge any more than they would for > 'home' withdrawals. But that works other ways- some banks in euro > countries impose charges on home withdrawals... Yes some do here as well, but here at least, most don't (as far as I can tell from a straw-poll in the office). It depends on the bank and the actual account you have. -- Tim C. Why are there snakes on my windscreen? Those are my vipers.
From: Martin on 6 Aug 2010 05:36
On 06/08/10 11:03, Tim C. wrote: > On Fri, 06 Aug 2010 10:47:48 +0200, Martin wrote in post : > <news:8c20g9F8pjU2(a)mid.individual.net> : > >> If you are frequently abroad open a bank account in the EU. > > Surely you mean the Eurozone? Just checking :o) The UK is in the EU, however hard some try to > pretend it isn't. :) > > I don't pay anything for ATM withdrawals in any Eurozone country. If you use bank ATMs!! |