Here in Mexico, if you have a foreign bank account and withdraw money from an ATM, they give you a conversion rate option, saying "do you accept the conversion?" If you're like me, you assume if you say "no," it will spit out your card, but actually it gives you a better conversion rate. If you're withdrawing 400 US, it comes out to something like $25. I didn't know that for like three years, and between my buddy and I, I don't even want to think about how much it added up to. Right into the bank's pockets.
This is just another of those asshole bank moves.
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July 2024
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