do the math doubt you get 130 , got to pay juice to jamaica, when i bought rate was 133j,, in the end i got 120j
do the math doubt you get 130 , got to pay juice to jamaica, when i bought rate was 133j,, in the end i got 120j
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 $351.79Originally Posted by danap
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.
Go Bills!
ukran1ans - So I know there are other threads on if it is worth exchanging USD to JA .. do you use JA only or a mixture of JA and USD ?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....
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Primarily I use Jamaican $ (the only time I use US there, is to pay my driving service from the airport and if I run out of Jamaican if I can't get to a bank in time to reload). I just got tired of being short changed with alot of my transactions when using US $ (I figured that over a typical 10 day trip that could be a couple of hundred US dollars, which is alot of Red Stripes!!!)
Go Bills!
Thanks great to know .. I need to look into doing that also !Primarily I use Jamaican $ (the only time I use US there, is to pay my driving service from the airport and if I run out of Jamaican if I can't get to a bank in time to reload). I just got tired of being short changed with alot of my transactions when using US $ (I figured that over a typical 10 day trip that could be a couple of hundred US dollars, which is alot of Red Stripes!!!
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