What are the fees associated with using my debit card abroad?

When using your debit card abroad, there are fees associated with certain transactions. As a customer of Bank of Elk River, you will incur a foreign transaction fee of 1% for purchases made in foreign currency. Additionally, for ATM withdrawals abroad, there is a fee of $5 per transaction. It is important to note that these fees are in addition to any fees charged by the local ATM owner or network. To minimize these costs, we recommend planning ahead and withdrawing larger amounts less frequently. Before traveling, it is advisable to notify the bank of your travel plans to ensure uninterrupted card usage. For further information on international fees and to explore other payment options, please contact our customer service team or refer to our fee schedule.