Tips on Using ATMs in Europe Avoid "independent" ATMs, such as Travelex, Euronet, Moneybox, Your Cash, Cardpoint, and Cashzone. These have high fees. Note that these "independent" ATMs are often found next to bank ATMs in the hope that travelers will be too confused to notice the difference. Their mahcines may even have signs that scream "Free Cash Withdrawals" — don't believe it.

AVOID Euronet ATMs When Traveling While they look and act like regular bank ATMs, they are a huge ripoff and you should stay away from them. And we mean very far away. … Euronet is owned and operated by Dan Henry and Michael J. Brown in Leawood, Kansas USA. They oversee 5,600 employees with the intent of providing a deliberately confusing and financially punishing service. They are essentially financial predators and target tourists for a living. … Euronet Worldwide, Inc. was founded in 1994 in Budapest, Hungary as Bank Access 24, and our aim was to become the first independent ATM network in Central and Eastern Europe.

Euronet: The overseas ATMs offering terrible exchange rates and charging huge commissions … Then I checked the numbers: The machine charged a $4 fee, plus a 12 per cent mark-up - displayed on the screen in small print - for exchanging my dollars….. Stephanie Taylor, a spokeswoman for Euronet Worldwide, said all of its charges are "clear, transparent and prominently displayed" before every transaction. "The customer may opt out of the transaction at any time at no cost," she said in an email. She said Euronet is committed to offering convenient cash to people around the world, but that there is a cost involved with providing this service, "which we believe is fair and reasonable."