ATM vagaries

[DandyDon]

Thanks for posting.
Probably worth $1.86 USD +/- to me to avoid changing that many $500 MXN notes, ($6,000 - $8,000 MXN).

Yes of course, but his hope was to understand the confusion.

 

[mediumone]

Yes of course, but his hope was to understand the confusion.

Uh, thanks.
As slow as I am, I got that.

 

[buffdiver]

Update: the atm that was free is no longer free. As a test, I withdrew from all three over my stay and got hit with the 34.80 fee. I’m also a BOA customer. It didn’t help.

 

[ggunn]

Update: the atm that was free is no longer free. As a test, I withdrew from all three over my stay and got hit with the 34.80 fee. I’m also a BOA customer. It didn’t help.

Pesos, right? A buck and some change?

 

[buffdiver]

Pesos, right? A buck and some change?

Peso, yes. About $1.77 US

 

[ggunn]

Peso, yes. About $1.77 US

That wouldn't move the needle for me, but YMMV.

 

[DandyDon]

I'll never forget the first time I used an ATM to withdraw pesos there. I was very intimidated by the Spanish instructions, just wanted $50USD worth of pesos for the last day so put in 50, and got $50MXN. Had to do it over.

Update: the atm that was free is no longer free. As a test, I withdrew from all three over my stay and got hit with the 34.80 fee. I’m also a BOA customer. It didn’t help.

The QUOTE function helps so much in extended discussions.

This one...??

Today I used the Santander ATM at Calle 3 y Ave 10 that @gopbroek has often recommended, and there have been some changes to how transactions are handled.

1. No ATM fee! None shown on the receipt, and when I checked my bank, it not only appears that there was no fee, but I also received a favorable exchange rate. Santander isn't listed on the Dollar Today site, but the mid-point average exchange rate today was 19.21 pesos:dollar; the transaction went through at 19.30.

 

[ChuckP]

Today I used the Santander ATM at Calle 3 y Ave 10 that @gopbroek has often recommended, and there have been some changes to how transactions are handled.

1. No ATM fee! None shown on the receipt, and when I checked my bank, it not only appears that there was no fee, but I also received a favorable exchange rate. Santander isn't listed on the Dollar Today site, but the mid-point average exchange rate today was 19.21 pesos:dollar; the transaction went through at 19.30.

2. No dynamic currency conversion page. Nice that they got rid of this ham-handed money grab

3. Only dispensed $500 peso notes. I didn't pay attention to the welcome page, that usually lists what bills are available, and it wasn't a problem this time, but it's something to keep in mind for the future.

On the other hand, when I used the Santander ATM at Mega earlier in the week, (1) there was the standard 30 peso ATM fee; (2) it had the stupid DCC page (which can be declined); and (3) it dispensed the typical variety of bills.

YMMV

That must be all related to your card other than the bank notes.

I get a fee charged, 30 pesos or something

Currency conversion page still comes up - decline it

One night, got 9000 pesos in 200's.........

 

[GF99/99]

For those that don't know Charles Schwab has a little hidden gem bank account called Schwab Bank High Yield Investor Checking® account Schwab Bank High Yield Investor Checking® account

For the most part I bank with US financial institutions but spend about 330+ days a year out of the US in a variety of 15-30 different countries depending on the year. I have been using the Schwab debit card for several years now and have never paid a single ATM or foreign transaction fee. And I have withdrawn money in well over 50+ different currencies with no problems.

Just wanted to share this travel tip for those that use ATM outside the US a lot.

 

[ReefHound]

That wouldn't move the needle for me, but YMMV.

Nor I but my bank also charges a $5 fee. I wouldn't want to pay $7usd fees on $100usd worth of pesos so I usually withdraw the max, usually 6000-9000. I like to come home with 1500-2500 pesos since I'll be back and I won't have to hit up an ATM immediately upon arrival. If the exchange rate moves a bit costing me a few USD, that also doesn't move the needle.