May 20, 2003

ATM'ing it - Just noticed


ATM'ing it -

Just noticed that it is cheaper, in terms of fees, for me to withdraw money from a non-HSBC ATM in England than it is from a non-HSBC ATM in the states. HSBC in the states charged me a dollar and the bank in Manchester charged me ... nothing.

And this is due to a customer revolt over the odious fees for interlinked ATMs that occurred here in the UK a few years ago. So much for the Americans being the "customer is always right" activists and the Brits maintaining a "stiff upper lip".

Sure the exchange rate isn't the most fantastic but it is basically the same as you get over the counter for realistic cash in hand amounts.

Posted by james at May 20, 2003 11:43 AM
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