FlyerTalk Forums - View Single Post - ATM or currency exchange for HKD and RMB
View Single Post
Old Mar 28, 2017 | 2:06 pm
  #14  
eponymous_coward
FlyerTalk Evangelist
20 Nights
500k
30 Countries Visited
15 Years on Site
 
Join Date: Aug 2007
Location: SEA, but up and down the coast a lot
Programs: Oceanic Airlines Gold Elite
Posts: 21,237
Originally Posted by alhcfp
Also is there a large difference between the conversion if doing ATM withdrawal compared to a currency exchange or bank?
IMO, your best way to do this is with a no-fee ATM card that doesn't charge international forex fees, at which point any ATM is capable of handling your needs. I can do this with Fidelity, others use Charles Schwab.

https://www.flyertalk.com/forum/trav...gn-travel.html

Charles Schwab ATM/Debit card?

Fidelity Cash Management Debit Card/ATM Forex: Real-World Experience?

ATMs are preferred because they are typically charging interbank rate for forex (which is about as good as you will get).

https://en.wikipedia.org/wiki/Interb...xchange_market
eponymous_coward is offline