Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 13.01.2011, 16:11
rbrtanderson's Avatar
Newbie 1st class
 
Join Date: Apr 2010
Location: Bern
Posts: 18
Groaned at 0 Times in 0 Posts
Thanked 5 Times in 2 Posts
rbrtanderson has no particular reputation at present
using ATMs with foreign card (GBP)!



I have a Caxtonfx Global Traveller card, which is great as it doesnt charge me for using cash machines outside the UK. However, they point out that the banks operating ATMs may levy their own charges on a withdrawal.

I can't seem to find relevant answers online!

So my question: which ATMs here DON'T charge you when using a foreign card to withdraw CHF? I thought Postbank, but now Im not sure...

Thanks a lot in advance!
Reply With Quote
  #2  
Old 13.01.2011, 16:13
Guest
 
Posts: n/a
Re: using ATMs with foreign card (GBP)!

The only fees I've had using UK cards here came from the issuer. I've used PostFinance, BCV and point of sale (for purchases not cashback, I'm not sure it exists here).
Reply With Quote
This user would like to thank for this useful post:
  #3  
Old 13.01.2011, 16:17
cyrus's Avatar
Forum Legend
 
Join Date: Nov 2006
Location: Emmenbruecke
Posts: 2,904
Groaned at 37 Times in 34 Posts
Thanked 3,471 Times in 1,513 Posts
cyrus has a reputation beyond reputecyrus has a reputation beyond reputecyrus has a reputation beyond reputecyrus has a reputation beyond reputecyrus has a reputation beyond reputecyrus has a reputation beyond repute
Re: using ATMs with foreign card (GBP)!

The only ones that ever charged me a fee are those dodgy looking independent cash machines you sometimes find at airports, but they always tell you they're about to charge an extra fee before letting you proceed.

The regular bank ones here just give you a warning to say that your card issuer may charge a fee, in your case, that shouldn't apply.
Reply With Quote
This user would like to thank cyrus for this useful post:
  #4  
Old 13.01.2011, 16:17
rbrtanderson's Avatar
Newbie 1st class
 
Join Date: Apr 2010
Location: Bern
Posts: 18
Groaned at 0 Times in 0 Posts
Thanked 5 Times in 2 Posts
rbrtanderson has no particular reputation at present
Re: using ATMs with foreign card (GBP)!

Sweet! thanks guys
Reply With Quote
  #5  
Old 13.01.2011, 16:23
Guest
 
Posts: n/a
Re: using ATMs with foreign card (GBP)!

Now just hope they dont hit you with a crappy exchange rate in lieu of the fee
Reply With Quote
  #6  
Old 13.01.2011, 19:01
FCBarca's Avatar
Forum Veteran
 
Join Date: Jan 2008
Location: La Côte
Posts: 1,509
Groaned at 139 Times in 76 Posts
Thanked 1,730 Times in 793 Posts
FCBarca has a reputation beyond reputeFCBarca has a reputation beyond reputeFCBarca has a reputation beyond reputeFCBarca has a reputation beyond reputeFCBarca has a reputation beyond repute
Re: using ATMs with foreign card (GBP)!

I opened an online account with Schwab...They have no ATM fees, domestically or internationally...Been a great asset to carry around
Reply With Quote
  #7  
Old 13.01.2011, 19:29
peterg
 
Posts: n/a
Re: using ATMs with foreign card (GBP)!

Yep, as has been mentioned, you are likely to be getting a poor exchange rate instead of a fee.

I used to use a particular airport currency exchange service as they boasted no fees. Then I noticed one day that they were giving me a rate of 1.01 euros to the UK pound, when the rate according to www.xe.com was something like 1.16. An expensive lesson learned.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Is there any ATM for Postfinance card to withdraw GBP in London City Airport? jttraveller Finance/banking/taxation 35 20.05.2010 09:23
UBS E-Banking (and possibly ATMs?) went pear shaped this morning... southiemiddles Swiss politics/news 18 29.03.2010 16:47
foreign visitors half fare card - is an annual one available? Mandrake Daily life 4 05.03.2010 11:47
GBP Credit card issued by Swiss bank? Maximus Brutus Finance/banking/taxation 1 21.04.2008 19:17
ATMs in Lausanne nzuelzke Finance/banking/taxation 7 08.02.2008 14:05


All times are GMT +2. The time now is 20:01.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0