Nothing for nothing, but a free standing machine sitting on the street called Cashola should frighten you. The only other machine I have seen called Cashola was in a casino and it was designed to take your money.
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I just had the same thing happen.
I called my bank and they will look into it.
500$ US withdrawal turned into a 610$ CAN hit on my bank account.
But I guess I already know the answer.
The machine kept saying the exchange rate was 15.75 and I kept thinking why are you telling me the exchange rate when I am getting US dollars. Well I guess they converted the 500 * 15.75 = 7855 + 66peso fee = 7941. 7941 Pesos converted to CAN on XE.com is 599$CAN. Add the banks conversion rate and there you go!
I did a Peso withdrawal of 3000 and it came out to 239$CAN. 3000 + 88 (fee) = 233$CAN.
Live and learn!
Hi Craig,
Thanks for the info. I have withdrawn local currency from different countries, first time I did US while not in the US. Usually no problems.
It was good to meet you too. How was the rest of your diving? Did your daughter enjoy her diving?
Mike.