Here is an example from London Heathrow airport on Monday. I had a booking with an airport hotel and needed some cash for the cab or the bus. There are number of ATMs all over the places that are
praying for clueless tourists. Again, the ATM shows that there is NO-COMMISSION in very large font and the exchange rate from pounds to euros. On the lower right, however, on a very small font is
the admission that they charge 5.5% margin in top of the wholesale rate. If this margin is not a commission, what is it then? Quit a few card companies have stopped charging for currency
conversions altogether. These foreign currency transactions are processed through MasterCard and Visa networks at competitive rates. Some card issuers do charge for a foreign transaction fee
regardless in what currency the transaction is made. So, even if you withdraw the money in your local currency after the DCC, your bank might still charge their fees. My advice has always been to
decline these automatic currency conversions unless you want the ATM operators to make quite a few extra bucks out of you.
For the original version including any supplementary images or video, visit http://loyaltylobby.com/2012/02/08/withdrawing-money-from-the-atms-at-the-london-heathrow-airport-dont-fall-on-the-travelex-currency-conversion-scam/
The price of a pack of fags will restore the sight of 12 people. The price of a bottle of cheap gin can save over 2000 people going blind because of river blindness. That is amazing isnt it. As I
have been advised to abstain from alcohol and tobacco for the time being I thought Id take the opportunity to train for the London Marathon to raise cash, but have subsequently been told not to
do that on medical grounds. So instead I am going to completely abstain from alcohol and tobacco for a year and would like people to sponsor me.
For the original version including any supplementary images or video, visit http://www.justgiving.com/Nik-Dadson/?utm_source=Facebook&utm_medium=fundraisingpage&utm_content=Nik-Dadson&utm_campaign=pfp-share
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For the original version including any supplementary images or video, visit http://www.youtube.com/watch?v=PW9-mEPJbjM&sns=tw