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Old Jan 8, 2011 | 7:58 pm
  #1933  
1k650
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Originally Posted by FromPVG
HSBC's foreign exchange rates are not as good as other banks. That's the reason you see the difference. Question for your ATM withdrawal. Did you withdraw 2500 Yuan from the same HSBC ATM using HSBC ATM card first and then BofA ATM card next? Have you tried to withdraw cash from the China Construction Bank ATM using your BofA ATM card?
Yes. Same HSBC machine, first HSBC card and then BofA card. So HSBC makes money on the exchange rates...But the credit card rates were similar (perhaps because it is visa/mastercard that determine the rates).
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