Thaths wrote:
Yep... a good Rs. 5 difference at times, to the GBP. What a sleazy way
of making money :(
Is the exchange rate better if you used your Indian ATM card
internationally to withdraw cash in the local currency?
With an indian bank - thats a bad move. With banks in (say) hong kong -
its not too bad even with the HKD 25 transaction fee for overseas use of
an ATM [make a large enough withdrawal and it isnt too bad]. I'd still
use a credit card if the guy there isnt actually insisting on cash. Get
spending money for a whole week at one go, ideally, when you use an atm.
Its a far better idea to have cash lying around though from previous
trips. Saves you having to pop your atm card in as soon as you land,
for cab fares etc.
