Originally Posted by pred02
Hence any charge of an ATM international withdrawl (other than the 1% VISA fee) is strictly by your local bank. For example, Bank of America charges a flat $5 fee per International transaction. Hence, if you withdraw $100, and get charged $5, that 5% which is still better than cash exchange offices abroad.
BofA does not charge international withdrawal fee if you use one of their ATM network banks as noted several posts ago.
Some people reported they dont charge as long as you use the member bank, even in a country other than its own country, i.e. Scotia in Mexico has tons of branches, but it is dedicated as BofA ATM network member in Canada - someone reported he did not incur $5 by using Scotia in Mexico.
Barcley in UK is member bank of BofA ATM network - no fee.