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Old August 30th, 2004, 05:51 PM
David Horne
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George Bozovic wrote:

Hi,

I am from the US and will be living in the UK for at least the next 12
months. I read that the US credit card companies such as First USA and
Citibank now charge a 2-3% fee for all foreign currency transactions.

I also heard that Capital One doesn't charge a fee (except the
standard 1% VISA fee). Does anyone know of the banks that do not
charge a fee for foreign currency exchange?


Given that you're posting from a BU account, I wonder if you're
currently based in the Boston area? If so, I'd suggest opening a
Wainwright Bank account. The account my partner has with them is called
a Value Checking Account (I don't know if it's still available to new
customers) and it definitely doesn't charge for foreign ATM withdrawals,
and there are no maintenance fees on the account.

David

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David Horne- www.davidhorne.net
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