Quote:
Originally Posted by ZIEBART
Thanks for input. Yes, i agree that Citibank is most favorable for overseas withdrawal from their ATM. Compared to other banks here, I was drawn to this issue cos I was hoping to get a better exchange rate compared to actual money change in AC.
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For SGD I think the money changer gives a favorable rate cause there is competition n much activity.
My case for Chinese Yuan that I got more favorable from atm withdrawal is i believe there is not much activity.
I cash changed 6.55 to 1 Yuan while citibank atm withdrawal gives 6.7
I had since stopped cash exchange But nearing end of my last AC trip Zeny quoted me 6.7 but I have no Yuan on hand.
The exchange rate chart they have are all bullshit to show that they make little profit from u.