FlyerTalk Forums - View Single Post - Cathay's agent still adding 3% at CMB?
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Old May 5, 2006 | 11:19 am
  #2  
number_6
Original Member
25 Years on Site
 
Join Date: May 1998
Location: Portland OR Double Emerald (QF and AA), DL PM/MM, Starwood Plat
Posts: 19,593
Open an account at a credit union. Most CUs charge USD 20 for wire transfer fees and convert FX at true market+1% -- better than most banks. It does vary by CU but I'm quite happy with mine. Banks have taken to earning billions of dollars on fees for these kind of services, playing on consumers not realizing that they have alternatives.
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