Despite being a long time Westpac customer, before today I’d never heard of the (rather menancingly named) Global ATM Alliance which, apparently, allows Westpac customers to access cash without paying international access fees at ATM’s owned by Bank of Nova Scotia, Bank of America, BNP Paribas, Barclays and Deutsche Bank. This allows reduced-fee access at ‘over 32,000 cash machines in over 40 countries’.
Regular account fees and a currency conversion fee apply.
Westpac certainly don’t seem to have done a great job at promoting this, with no mention on their ‘access your money overseas’ page. Indeed, all I could find on their website was this 2001 press release.
So has anybody used this service or have any other tips for accessing money overseas? Leave a comment.
[Photo Creative Commons via ohad* on Flickr]