Overseas ATM Withdrawal

[blengend]

Searched around and there doesn't seem to be a thread for the above topic.

Generally from experience, when I exchange money at the money changer of my destination, the rates are better than Sg's money changer. Even if it's at the foreign airport!

Would appreciate if people can share their experience with the forex rates of overseas ATM withdrawal

 

[MoneyFace =p]

Been to Taiwan on a few occasions, rates are clearly better. IIRC was $23.6...

 

[jtec14]

Not all countries, i recalled i changed at worse rates in south korea compared in sg.

 

[batniss]

Not all countries, i recalled i changed at worse rates in south korea compared in sg.

same for vietnam or anywhere else for me. i thought was normal

 

[Danden]

dbs in taiwan withdraw is no fee

 

[blengend]

Been to Taiwan on a few occasions, rates are clearly better. IIRC was $23.6...

I read from some older posts that the FX rate on their website is buay zhun one, will be slightly more/less.
When you withdraw, did you check rates? Or just whack only

 

[nexusRAGER]

If staying long term in that country can apply for a credit card there. easier.

Let's say if local card gets reject really jialat..

 

[mosmos]

I had withdrawed cash from ATM in Istanbul and Sapporo before, the exchange rates are better than airport money changer!

But there was a fixed withdrawal charge of $5-15 that make small withdrawal lugi

 

[WhiteHunter]

If staying long term in that country can apply for a credit card there. easier.

Let's say if local card gets reject really jialat..

credit card can apply here then make it available for use in foreign countries. dun need to apply there.

 

[cscs3]

dbs in taiwan withdraw is no fee

All ATM or certain bank only?

 

[Ohayo!]

for me ATM overseas is only for emergency purposes

 

[ongrasp]

I think DBS can draw for free?

 

[blengend]

I had withdrawed cash from ATM in Istanbul and Sapporo before, the exchange rates are better than airport money changer!

But there was a fixed withdrawal charge of $5-15 that make small withdrawal lugi

From what I see, people are suggesting that we go ATM withdraw money everyday for daily expenses so we won't have to carry so much cash on us.

Since daily expenses wont be too large, I think the fix fee will really make us lugi


Anyway for those who depend on ATM card, can you imagine if you lose your card?

 

[bunnypangsai]

From what I see, people are suggesting that we go ATM withdraw money everyday for daily expenses so we won't have to carry so much cash on us.

Since daily expenses wont be too large, I think the fix fee will really make us lugi


Anyway for those who depend on ATM card, can you imagine if you lose your card?

if you depend so much on your card, why will you lose it?!

 

[WhiteAnt]

only tried in jb before

fx rates that time quite alright

even amount is small i don't mind

 

[koreanlover]

Withdrew RM 1500 from Maybank ATM in Msia using POSB Debit card using Maestro.
Horrible rate. That time the money changer rate around 3.

 

[NobunagaOda]

I think DBS can draw for free?

There is a fee except for some countries like Australia.

 

[Shiny Things]

Searched around and there doesn't seem to be a thread for the above topic.

Generally from experience, when I exchange money at the money changer of my destination, the rates are better than Sg's money changer. Even if it's at the foreign airport!

Would appreciate if people can share their experience with the forex rates of overseas ATM withdrawal

I dunno, I've found the opposite - the rates at the Raffles Place moneychangers are unbelievably good.

ATMs are typically pretty good overseas; one pro tip I've found is that if you're in Heathrow T5, the Travelex ATMs are 1000 or 1500 pips better than the Travelex kiosks right next to them.

 

[yknyong1]

I dunno, I've found the opposite - the rates at the Raffles Place moneychangers are unbelievably good.

ATMs are typically pretty good overseas; one pro tip I've found is that if you're in Heathrow T5, the Travelex ATMs are 1000 or 1500 pips better than the Travelex kiosks right next to them.

How do they achieve that?

 

[blengend]

Withdrew RM 1500 from Maybank ATM in Msia using POSB Debit card using Maestro.
Horrible rate. That time the money changer rate around 3.

Wait what? Isn't that close to 1:1?

only tried in jb before

fx rates that time quite alright

even amount is small i don't mind

Actually when we go to the ATM, does the machine display the FX rate first, so we can decide whether we want to proceed or not?