Originally Posted by
cxfan1960
I used my US ATM card to take local currency out in foreign places, including HK, many times. Why do you need to get cash into bank account?
Err, because when you put your card into an ATM, the money comes from your bank account.
If you have cash, then you need to get it into your bank account before you can use your ATM card to withdraw it...
Originally Posted by
tentseller
Due to competition, lower regulations, US banks seem to have very competitive foreign ATM charges.
This might not be the case with other countries where English is an official language: Canada, UK, Australia, NZ, Singapore etc.
Plenty of ways to get the Visa or Mastercard exchange rate with no fees using a UK card - if you want to convert GBP that is already in your bank account into a foreign currency using an ATM.
Australia - AFAIK no more 0% fee cards for foreign cash withdrawal exist but still possible for purchases.
Singapore - exchanging cash in Singapore is going to beat any bank product.