Bank ATM fees in Spain
Jan 24th, 2016, 08:08 AM
#1
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Bank ATM fees in Spain
It seems most, if not all banks in Spain, are now charging a service fee (5€ in some cases) to use their ATMs. And that goes for both locals and visitors. Add that to the fee imposed by Bank of America and it can add up to more then the cost of breakfast for two at Casa Dani in tne Mercado de la Paz, Madrid, or a croquetas cremosas de Jamón Joselito raciones at Álbora.
Jan 24th, 2016, 08:18 AM
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Not to speak of DCC, which is hard to avoid in Spanish ATMs. (Read the whole screen carefully.)
For those unfamiliar with DCC, it's a conversion "service" to your home currency -- at an unfavorable conversion rate. DCC is common on credit card charges also.
For those unfamiliar with DCC, it's a conversion "service" to your home currency -- at an unfavorable conversion rate. DCC is common on credit card charges also.
Jan 24th, 2016, 08:26 AM
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http://www.rtve.es/n/1279981.shtml
More info on what each bank charges in terms of commission (in spanish). It is unclear if these ATM fees also apply "as is" to overseas visitors in Spain or if there would be a surcharge.
More info on what each bank charges in terms of commission (in spanish). It is unclear if these ATM fees also apply "as is" to overseas visitors in Spain or if there would be a surcharge.
Jan 24th, 2016, 08:30 AM
#4
The bank I use for travel (Capital One online) refunds foreign bank ATM fees (up to $25/month, I think) so I paid no such charges on my recent visit to Spain.
Spain was, indeed, one of the worst countries on my recent trip for DCC. I don't think I found a single ATM that didn't "offer" it, and most restaurants tried to charge it too. You have to stay alert EVERY time you use plastic.
Spain was, indeed, one of the worst countries on my recent trip for DCC. I don't think I found a single ATM that didn't "offer" it, and most restaurants tried to charge it too. You have to stay alert EVERY time you use plastic.
