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Round the world...money??

Travel Forums General Talk Round the world...money??

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11. Posted by s96024 (Full Member 106 posts) 7y

Quoting loubylou

Quoting s96024

If they were paying the the 0.84% they could have just charged the extra!

I spoke to Nationwide on the phone a while ago and they said they would only be charging the 0.16% extra rather than the whole 1%...I have just checked our account online and for a withdrawal today (outside the EU in SE Asia) there is no charge showing or even a difference in the exchange rate which is showing on xe.com.

Even if it is a charge of 1% it's really nothing compared to the other banks charges highlighted above.

That's great to know. I'll definitely be setting myself a nationwide account up.

12. Posted by Derestanne (Budding Member 36 posts) 7y

Perhaps this will sound somewhat paranoid, but I consider using ATM Machines in unfamiliar places an unwise practice that could result in your account (s) being hacked and cleaned out.

Here in Florida, we have confirmed cases of electronic tampering of ATM Machines that have resulted in account numbers and passwords being compromised and monies stolen. Additionally, there are even phony ATM machines in existence operated by organized crime rings for the sole purpose of phishing for account details. Then they sell your account info and then you become the next identity theft victim!

About two years ago, my credit union account information was stolen and sold to someone in Indonesia - yes Indonesia - and they helped themselves to several hundred dollars before the credit union could freeze my account.

If for no other reason than security, Travelers Checks are the better way to go. And your bank or credit union may offer them without a service charge as a convenience to their customers.

13. Posted by s96024 (Full Member 106 posts) 7y

Quoting Derestanne

Perhaps this will sound somewhat paranoid, but I consider using ATM Machines in unfamiliar places an unwise practice that could result in your account (s) being hacked and cleaned out.

Here in Florida, we have confirmed cases of electronic tampering of ATM Machines that have resulted in account numbers and passwords being compromised and monies stolen. Additionally, there are even phony ATM machines in existence operated by organized crime rings for the sole purpose of phishing for account details. Then they sell your account info and then you become the next identity theft victim!

About two years ago, my credit union account information was stolen and sold to someone in Indonesia - yes Indonesia - and they helped themselves to several hundred dollars before the credit union could freeze my account.

If for no other reason than security, Travelers Checks are the better way to go. And your bank or credit union may offer them without a service charge as a convenience to their customers.

That scam has been done in the uk, either small cameras hidden above the cash machine or even complete fake fronts which copy your card when you put it in, but otherwise works fine so you don't realise there is a problem. I plan to transfer whatever money I need from another account, so if anything did happen I wouldn't lose the lot.

14. Posted by Redpaddy (Inactive 1004 posts) 7y

Nationwide still allow free withdrawals from ATM's, in just about whole of Eastern and Western Europe - with their debit and credit cards. This also applies to purchases (Debit card only). Outside of Europe they charge for each transaction - be it from an ATM or a purchase.

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