August 3, 201510 yr My question isn't about the one-time fee per transaction (which I assume is around 6 bucks). What I'm wondering is whether the conversion rate for withdrawing from a VISA/PLUS ATM with my K-Bank ATM card is at the standard global rate (35/1) or whether it's high (around 40/1) as it is at private currency exchange booths in the States. Anyone know?
August 4, 201510 yr I assume you are referring to USD? If anything it would be lower than 35:1. In my experience, the rate will be very close to what is actual exchange rate for the day. I am sure you can look at the website somewhere to confirm. When I have been in foreign countries and used me K-Bank ATM card, including USA, I don't ever feel like I have gotten ripped off. On the other hand, Bank of America charges me a fortune to withdrawal money here from an ATM.
August 4, 201510 yr Couldn't edit my previous post. Just read your title where it clearly states USD. I was in Lake Tahoe over the 4th of July this year and used my K-bank ATM twice. I tried to calculate the exchange rate, but with unknown ATM fees (at the casino) I couldnt get an accurate number. I am pretty sure they use an exhchange rate very close to what is published for that day. One thing I can tell you is that they did not charge me any international transaction fee
August 4, 201510 yr Couldn't edit my previous post. Just read your title where it clearly states USD. I was in Lake Tahoe over the 4th of July this year and used my K-bank ATM twice. I tried to calculate the exchange rate, but with unknown ATM fees (at the casino) I couldnt get an accurate number. I am pretty sure they use an exhchange rate very close to what is published for that day. One thing I can tell you is that they did not charge me any international transaction fee Having lived in Nevada, I would never use an ATM in a casino. Many of the so-called ATM's will add a $24.99 fee onto your credit card for a $50 withdrawal. Read the fine print in a casino very carefully. July 4th? So you got to see some snow & hail?
August 4, 201510 yr Couldn't edit my previous post. Just read your title where it clearly states USD. I was in Lake Tahoe over the 4th of July this year and used my K-bank ATM twice. I tried to calculate the exchange rate, but with unknown ATM fees (at the casino) I couldnt get an accurate number. I am pretty sure they use an exhchange rate very close to what is published for that day. One thing I can tell you is that they did not charge me any international transaction feeHaving lived in Nevada, I would never use an ATM in a casino. Many of the so-called ATM's will add a $24.99 fee onto your credit card for a $50 withdrawal. Read the fine print in a casino very carefully. July 4th? So you got to see some snow & hail? Yes you are correct the rates for a credit card are quite high. I used a Debit card, which is what the OP was referring to. My point is that I don't know if it was 3.99 or 5.99 withdrawal fee and that could greatly change my calculation for the exchange rate. It rained, but no snow or hail at lake level.
August 4, 201510 yr google Kasikorn exchange rate and you should get their exchange rate for the day. you'll pretty much get that rate. I'd copy and paste the page but I don't think I'm supposed to.
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