Quote:
Originally Posted by Chris
The currency conversion is set by the banks ATM you used. The only fee paxum applied to your transaction was the ATM fee.
|
well, yes and no, it all depends on the deal with the intervening parts. I won't go deeper on this since it's not my intention to educate you on banking procedures, although you may want to read this from
http://www.mastercard.us/support/atm-locator.html :
Quote:
|
you may wish to contact the financial institution that issued your MasterCard, Maestro, or Cirrus card for further assistance concerning ATM locations, personal account withdrawal limits and restrictions, local currency cash advances, currency conversion, exchange rates or other services offered. You will find their contact information on the back of your MasterCard card and/or on your billing statement. Or you can visit the issuer's Web site to manage your account online.
|
but even leaving Mastercard regulations aside, the objective fact is that FOR ME, to withdraw money from Paxum via ATM costs between 13.2 and 16%. No matter who applies the conversion, the OBJECTIVE FACT is it costs 13.2 to 16% to get the money.
Anyway, no big deal, I will choose to use it or not as I see it fits, just please don't try to play games on me, it's very annoying and I've the feeling I have more years of banking and CC experience than the entire Paxum staff. Or 99.99% of adult industry as we're at it