Comment by Hikikomori
16 days ago
There's also ATMs from Euronet that are conveniently placed in tourist areas that refuses to pay out Euro if you have a Euro card, you can only get money if you do an exchange and they do a 15% or so on top of a fixed rate. Also do things like charge for checking balance on account and don't tell you about before its done.
Its an American company.
> Its an American company.
Thankfully though a lot of times these ATMs and such are avoided by American tourists because....we just use a credit card.
By the way, those fees are split with other folks. For example you might find that American Euronext ATM in a shopping plaza or outside of a storefront. Those European businesses are getting a cut of that exchange rate.
Like we dont have credit/debit cards in Europe? I haven't had to use cash for 15-20 years or so, but also don't have a credit card.
Doesn't really help if they only take cash, which is still common in Germany for example, but gotten a lot better in the last decade.
Ok so the scam is shared, great.
> Like we dont have credit/debit cards in Europe?
I didn't suggest otherwise?
> Ok so the scam is shared, great.
Yea, just making sure we're all aware that Europeans are positively complicit in this scam.
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