ATM fee

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eeuunikkeiexpat
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Re: ATM fee

Post by eeuunikkeiexpat » Tue Mar 06, 2018 3:33 pm

USA cards

So the Scotiabank one is a mystery. They must have undeclared alliances that work (tiagoabner's example) and declared ones that don't work (Bank of America).
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Britkid
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Re: ATM fee

Post by Britkid » Tue Mar 06, 2018 7:15 pm

bones wrote:
Tue Mar 06, 2018 3:13 pm
US issued Visa/Plus card

ScotiaBank ATM in Constitucion - $3,500 fee

Max withdrawal amount of $200,000
Before this post I think most or all reported no charges at Scotiabank. Scotiabank is the go to no charge ATM because virtually all the others charge apart from a few small banks that are not very widespread.

This may mean that Scotiabank is now going to charge for everyone.

In the past certain banks starting charging at my local ATMs months later than others reported seeing the charge so we'll want to see more reports of Scotiabank during the coming months. It would not be a surprise if they fall in line with everyone else. But too early to say for sure.

I haven't been charged at Scotiabank yet. Always free. I was last there about a month ago or so.

I also use Banco Estado, paying 4000. I always withdraw 400,000 at least then it's only 1% charge.

I haven't tried any others for many months.

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eeuunikkeiexpat
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Re: ATM fee

Post by eeuunikkeiexpat » Tue Mar 06, 2018 7:41 pm

UK card vs. US card
Britkid wrote:
Tue Mar 06, 2018 7:15 pm
bones wrote:
Tue Mar 06, 2018 3:13 pm
US issued Visa/Plus card

ScotiaBank ATM in Constitucion - $3,500 fee

Max withdrawal amount of $200,000
Before this post I think most or all reported no charges at Scotiabank. Scotiabank is the go to no charge ATM because virtually all the others charge apart from a few small banks that are not very widespread.

This may mean that Scotiabank is now going to charge for everyone.

In the past certain banks starting charging at my local ATMs months later than others reported seeing the charge so we'll want to see more reports of Scotiabank during the coming months. It would not be a surprise if they fall in line with everyone else. But too early to say for sure.

I haven't been charged at Scotiabank yet. Always free. I was last there about a month ago or so.

I also use Banco Estado, paying 4000. I always withdraw 400,000 at least then it's only 1% charge.

I haven't tried any others for many months.
There are two ways to be fooled.

One is to believe what isn't true;

the other is to refuse to believe what is true.

- Søren Kierkegaard

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tiagoabner
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Re: ATM fee

Post by tiagoabner » Tue Mar 06, 2018 8:47 pm

Tested on Scotiabank earier today with my Brazilian Banco do Brasil Mastercard and with my UK Barclays Debit Mastercard. Both were charged no fees. It certainly is a Mastercard thing, but it will probably continue to be a mistery unless we get someone that works on their billing system to discuss it here.

For consistency sake, I always use the same ScotiaBank atm on Huerfanos 699, in case someone is around and wants to try.
I'm NOT your lawyer, accountant or financial planner. All information at this post should be considered for your entertainment only. Consult a professional before making a decision regarding whatever topic was mentioned in this post.

scandinavian
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Re: ATM fee

Post by scandinavian » Tue Mar 06, 2018 8:49 pm

Used Scotiabank yesterday. No charge. Visa

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eeuunikkeiexpat
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Re: ATM fee

Post by eeuunikkeiexpat » Tue Mar 06, 2018 8:58 pm

scandinavian wrote:
Tue Mar 06, 2018 8:49 pm
Used Scotiabank yesterday. No charge. Visa
Issued from which country?
There are two ways to be fooled.

One is to believe what isn't true;

the other is to refuse to believe what is true.

- Søren Kierkegaard

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eeuunikkeiexpat
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Re: ATM fee

Post by eeuunikkeiexpat » Tue Mar 06, 2018 9:01 pm

tiagoabner wrote:
Tue Mar 06, 2018 8:47 pm
Tested on Scotiabank earier today with my Brazilian Banco do Brasil Mastercard and with my UK Barclays Debit Mastercard. Both were charged no fees. It certainly is a Mastercard thing, but it will probably continue to be a mistery unless we get someone that works on their billing system to discuss it here.

For consistency sake, I always use the same ScotiaBank atm on Huerfanos 699, in case someone is around and wants to try.
As regards to ATMs in Chile always more impotant to specify Cirrus or Plus. But 90%+ precent of the time Mastercard means Cirrus system. Your card has the Cirrus logo sípo?
There are two ways to be fooled.

One is to believe what isn't true;

the other is to refuse to believe what is true.

- Søren Kierkegaard

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eeuunikkeiexpat
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Re: ATM fee

Post by eeuunikkeiexpat » Tue Mar 06, 2018 9:05 pm

US Card

Just FYI, the last time this was discussed (more than a year ago), my Cirrus Mastercard debit card (Capital One 360) would have been charged the $3500 CLP Chile-side fee. Will try again the next time I'm in downtown San Antonio.
There are two ways to be fooled.

One is to believe what isn't true;

the other is to refuse to believe what is true.

- Søren Kierkegaard

scandinavian
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Re: ATM fee

Post by scandinavian » Wed Mar 07, 2018 10:34 am

eeuunikkeiexpat wrote:
Tue Mar 06, 2018 8:58 pm
scandinavian wrote:
Tue Mar 06, 2018 8:49 pm
Used Scotiabank yesterday. No charge. Visa
Issued from which country?
Denmark

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mlightheart
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Re: ATM fee

Post by mlightheart » Thu Dec 27, 2018 6:52 pm

Has anyone looked at and charted the exchange rate they are getting from the various here banks when you use their atms?

On Dec 20th, I withdrew 200000clp from BICE with a machine transaction charge of 2500. So the total was 202500 clp. The amount that showed up on my account was $294.10usd. So that is roughly 1 usd to 688.54 clp.

The average exchange rate for that day was 1 USD = 691.302 CLP. I got this rate from the following source, might be better sources, but I will use this.

https://www.fx-exchange.com/usd/clp-201 ... story.html

I am not including the fees which my bank charged for the transaction (1% international transaction fee of $2.90 and a $1 atm fee).

Edit: I like xe.com too, didn't find the rate for that day there when I posted. It was 690.8468867063clp.
https://www.xe.com/currencytables/?from ... 2018-12-20

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eeuunikkeiexpat
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Re: ATM fee

Post by eeuunikkeiexpat » Thu Dec 27, 2018 7:11 pm

I have always found the real time xe.com rate to be accurate.

That was a BIG SWING rate day and you must have done the transaction near the CLP high of the day.

See:
https://www.xe.com/currencycharts/?from ... LP&view=1M

There was a dip down to 686 around 11 am CLT but by the end of the day it was at 691ish.
There are two ways to be fooled.

One is to believe what isn't true;

the other is to refuse to believe what is true.

- Søren Kierkegaard

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mlightheart
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Re: ATM fee

Post by mlightheart » Thu Dec 27, 2018 7:17 pm

When I withdrew money from the atm that day, it was in the afternoon around 5pm.

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