Quote:
Originally Posted by nico-t
... like paypal has? i never looked at it i noticed it a while ago with the echange rate being so shitty and i calculated amounts i cashed in euros against the $ showed in my epass account.
It's about 4 cent to the dollar more than the actual exchange rate, now ?300 is $480
Right now real echange is 1.56 & epass exchange is 1.60
just wondering if it always has been the case
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We have nothing to do with the exchange rate.
VISA sets the rate, we charge a $2 fee and the ATM owner might charge a fee as well both would be included in the amount deducted from your account.
In the past I have said its our bank that sets the exchange rate but that wasn't correct.
For me personally when I have checked there is less then 1% difference between going into the bank with cash US$ or withdrawing using the ePassporte Electron card.