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What is the fee for withdrawing dollars from an ATM in Cairo?
EgyptCairo
Good afternoon. when withdrawing dollars from an ATM ch.z. visa card, what is the commission???
Translated automatically from Russian. View original
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6 subscribers  • asked 2017-08-277 years ago
Answers  •  14
аватар ollennka
The amount of the commission depends on the particular bank.
аватар mindguru
The amount of the commission depends on the particular bank.
As, in principle, in any other country.
What is the question, what is the answer.
аватар Veter.Peremen-Nadezhda.Kurganskaya
1: In Egypt, you will not withdraw dollars from any ATM.
2: you can withdraw only in local currency, and the percentage of withdrawals is different for all banks (before departure, check with the customer service department)
3: if you need dollars, you need to take them with you)
4: in Egypt you can pay both with a card and with local currency without any problems)
аватар ollennka
And what happened in Egypt with dollar ATMs? Why won't he take it off?
аватар Veter.Peremen-Nadezhda.Kurganskaya
For my life in Sharm (it's more than 5 years) you can not withdraw dollars from the card.
аватар ollennka
So what does Charm have to do with it if the question is about Cairo?
аватар Veter.Peremen-Nadezhda.Kurganskaya
This means the whole of Egypt. You cannot withdraw dollars through an ATM (especially in Cairo). Only through a bank branch (and this is not very easy, unfortunately)
аватар kolyan_cat
The bank will not tell you what the fee is. More precisely, he will say in his own%, but when you withdraw money (or pay with a card), then there are 2 banks in the case - the one that issued the card, and the one who owns the terminal. Accordingly, "their" bank will only say its part.
There are also conversion losses, they must also be taken into account. And the rate of the bank at which the recalculation takes place.
In total, in any case, you will lose at least 2%.
аватар ollennka
Veter.Peremen, and what is the reason that they removed the currency from ATMs? They used to be (at least in Cairo).
аватар mindguru
ollennka, there was an ATM in our hotel in Sharm. It is really impossible to withdraw dollars from the card, but you can exchange a bill (for example, 50) for smaller ones, if any.
kolyan_cat, Not exactly. Any bank is theoretically able to provide complete data: commission, its rate and the rate of processing. It is another matter whether they want to do this and how true this information will be, given the eternal desire to cheat a white man who does not even speak Arabic.
аватар kolyan_cat
mindguru, the fact is that "your" bank is not able to predict in which bank you will withdraw cash. because banks from the "other" side have different% commissions. He can issue a processing rate, and that's it. But in my experience, in 90% of cases, the percentage of a "foreign" bank ranges from 0.1% to 1%. Sometimes it is 0% if there are some agreements at the international level.
аватар kolyan_cat
sorry, from 0.5% to 1%.
аватар mindguru
Zero can only be inside the country - and that is a rarity.
The main conclusion for the topikstarter is that NO ONE can predict exactly the commission percentage.
аватар Veter.Peremen-Nadezhda.Kurganskaya
Ollenka I, alas, do not have such information.
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