Quote:
Originally Posted by M79
Better put a pencil to how much it would cost in bank fees to take out 800K
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And those fees will never work out to be more than the "charge" from an exchange rate differential...
I don't know what is happening now with this on shore/offshore rate differential, but I used to get charged 1% fee on ATM withdrawls... much better than the 10% rate differential that is at least happening with wire transfers with a middleman...
Maybe I should go to the ATM and test the theory into practice, but I was hoping that some US citizen would have already done so and reported back on the rate they got...