Originally Posted by Viajero Perpetuo
And Boraxo, what I posted and edited on the wiki in late April/early May WAS 100% TRUE as I keep close track of this stuff. Just because I don't have a thousand plus posts doesn't mean I'm full of it. Jeesh, I live overseas and have the luxury of experimenting with stuff like this in real time. If Citibank as of this month finally fixed reality to their T&Cs, great...great for all of us Citibank users. If I find July was a fluke, you can count on me "correcting" the wiki again.
Added: Just checked your edit and take issue with the "0%" for the primary exchange. This is NOT true. According to ajnaro and my yesterday w/d, there is still a bundled exchange fee but apparently not as large as it was April-June. They just knocked a few ticks off in the customer's favor.
I'm not knocking your integrity whatsoever, just your comprehension of your account statement particularly as your understanding is contrary to Citi's express T&Cs for ATM forex withdrawals as stated on its website.
Since you mention Ajnaro, here is what he posted:
Amount charged on my Citibank statement:
USD: 444.15
Foreign fee: 4.44
Total: 448.59
Exchange rates for 06/19/06: 444.21/445.70 (bid/ask) interbank rate on oanda.com
Very clear: NO markup i.e. 0% to the actual exchange rate, but a new 1% fee. My experience was essentially the same a few months ago (no fee, but 1% markup). Hence the wiki edit. If anyone wants to post more recent actual transaction info from a Citi checking account, we will all certainly be interested in seeing it.