What are the fees associated with using Scotiabank ATMs abroad?
Asked a year ago
When using Scotiabank ATMs abroad, various fees may apply. There are two types of fees associated with international ATM withdrawals: the international transaction fee and the ATM operator fee.
The international transaction fee is a flat fee charged for every transaction made outside the country. This fee covers the cost of converting the currency and processing the international transaction. The specific amount of the fee may vary depending on the type of account you hold with Scotiabank.
Additionally, ATM operators in foreign countries may charge a fee for using their machines. This fee is separate from Scotiabank and is determined by the ATM operator. It is advisable to check with the local operator or use the Scotiabank Global ATM Locator to find ATMs with lower or no additional fees.
Remember to consider these fees when using Scotiabank ATMs abroad and plan accordingly for your financial needs.
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