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Old Jul 7, 2007 | 10:38 am
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civicmon
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My bank (Wachovia, which sucks by the way) charges $2 for a non-Wachovia ATM fee (that's universal inc. non-Wach US ATMs) and then a small percent for overseas transactions.

It's not too bad. I took a fistful of USD and walked into a Bank of Beijing Branch and got a rate of 7.57RMB/$1 which is not too far off the official interbank rate of about 7.70/$1 and no service fees on top of it so I did ok there.

I find most local bank forex counters give pretty good rates but really not any better if I did it myself at the ATM.
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