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Old April 10th, 2005, 03:21 PM
Spehro Pefhany
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On Sun, 10 Apr 2005 08:30:13 -0500, the renowned
(Miguel Cruz) wrote:

A Mate wrote:
Please, pretty please - which banks provide these services so cheaply. My
bank doesn't, but if Miguel's bank or Chris' bank have a presence in
Australia................


Those of you in Australia seem to get the short end of the stick when it
comes to consumer banking. There are dozens, and probably hundreds, of banks
in the US offering no-fee worldwide ATM withdrawals.

miguel


Canada too, at least among the major chartered banks. Competition is
limited in their oligopoly position, so they get to be big fish in a
small pond, and make (literally) billions in profits each every year.
Foreign banks such as HSBC might be better, but they have a fraction
of the branches (the big 5 or so banks are everywhere) so you would
end up paying more fees domestically to withdraw money.


Best regards,
Spehro Pefhany
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