Nope, Danap, done the math and reported it here many times. When I withdraw from an ATM I get the actual interbank rate less the fixed transaction fees (same whether you withdraw 300 or 30K), no padding of the exchange rate.
Nope, Danap, done the math and reported it here many times. When I withdraw from an ATM I get the actual interbank rate less the fixed transaction fees (same whether you withdraw 300 or 30K), no padding of the exchange rate.
Dec 04, 2019 NCB SUNSHINE VILLAGE NEGRIL J, JM -$225.17 $351.79
Dec 04, 2019 NCB SUNSHINE VILLAGE NEGRIL J, JM -$225.17 $576.96
Above are the transactions from my checking account when I was in Negril last month. The going international rate was $135 JMD to $1 US. I was pulling out the ATM max of $30,000 JMD per transaction for 2 transactions (as you can see above, I was charged $225.17 US per transaction). So 30,000/225.17 = 133.23. You can doubt all you want but the math is the math my friend
If you live in the US, all you have to do is open an Ally CHecking Account (It's online so available everywhere), let them know you'll be in jamaica and you can get the same benefits....
Last edited by ukran1ans; 01-07-2020 at 09:28 AM.
hay again , wow , in 33 years i have never gotten the said rate, when the bank said 133 i jumped on it in the end it turned out to be 120j to one , i have never used an atm mechine, i would love to see it with my own eyes,,,,,,,even rob said rate was around 120j??? exchange rate on the internet is 130j
the rate is 132j today , i would love to get that rate, there for 8 weeks would save me a bunch of money , i wouldnt have to be so cheap[lol]
hay ukran1ans,, hope to bump into you this feb , and get to the bottom of this [ lol ] love to get that higher rate, not much for online acc. and stuff like that, i am to old school i guess, 4 more sleeps one love,,,,,,,
thanks man , dont like online acc. and never had a debit card, gettin a bad rate is my own fault, will have to look into it this summer when i have more time,, thanks again