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P200 Charge for use of foreign ATM card

Discussie in '☋ Dumaguete City ☋' gestart door dauinrcflyer, 16 aug 2010.

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  1. Manzanita

    Manzanita DI Forum Patron

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    In 03, while visiting relatives in LA, I jumped through about a zillion hoops to open a US account at Citibank. Had the $ deposited over there and just used the Citibank ATM over here with a pretty good rate even.
    Early 07 and Citibank starts charging a serious foreign transaction fee, and some other monthly fee for some kind of other bullshit.
    I smelled Citibunk going full predatory, so I closed that acct.
    That must have been about the time that the sub-prime forclosures started to roll in heavy back there, Citi was heavy into that so I guessed the extra fees had something to do with it trying to recoup.

    On a slightly different topic, does anybody know if the local banks have started to charge a fee for withdrawing pesos from another banks ATM?
     
  2. evrrrdy1

    evrrrdy1 DI Junior Member

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    Well, I'm not loaded; but I have a nest egg. I got $5000 loaded in Metrobank in 30 days. My wife has a card there too, so I use internet banking. There was a low peso exchange fee when the check was sold for Pesos. Now I pay zero fee and have a savings account to boot here. That's my way around the fees.
     
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