Canadia bank removes ATM fees and limits

Post by **Alexandra** » Tue Sep 05, 2017 12:06 pm

A couple of days ago I withdrew $500 from a Canadia ATM and didn't get the usual prompt about a $5 fee and $500 maximun. Today I withdrew again, this time a grand, and again I didn't pay any fee nor hit the regular $500 cap.

I don't know if it's a mistake on their end, but it sure puts ANZ to shame with their $5 fee and $400 limit!

Bless

YaTingPom · Post by **YaTingPom** » Tue Sep 05, 2017 12:15 pm

Baller.

DetroitMuscle · Post by **DetroitMuscle** » Wed Oct 11, 2017 4:50 am

Alexandra wrote:A couple of days ago I withdrew $500 from a Canadia ATM and didn't get the usual prompt about a $5 fee and $500 maximun. Today I withdrew again, this time a grand, and again I didn't pay any fee nor hit the regular $500 cap.

I don't know if it's a mistake on their end, but it sure puts ANZ to shame with their $5 fee and $400 limit!

Bless

I remember when I first arrived in 2013, Canadia was well known for not charging any atm fees at all. They changed that like a year later. Good too see they went back.

modric187 · Post by **modric187** » Fri Oct 13, 2017 4:44 pm

They haven't, don't be fooled they just are being really poor form and don't tell you about the fee anymore.

Check your statement take out 100 you will be charged $105 on my statement, $220 = $225 etc.

2017-09-21 Fin: 000000099999997,FORTUNA,SIHANOUK VI (transaction for $625.00) £479.51 I took out $620

2017-09-24 Fin: 000000099999997,FORTUNA,SIHANOUK VI (transaction for $415.00) £323.31 I took out $410

2017-09-27 Fin: 000000099999997,CANADIA,SIHANOUK VI (transaction for $635.00) £481.35 I took out $630

2017-10-04 Fin: 000000099999997,CANADIA,SIHANOUK VI (transaction for $605.00) £463.18 I took out $610

And it's not my bank charging me $5 as it's free withdrawals just pay 1% of transaction fee it's a mastercard.

Is it even legal charging a fee without alerting you beforehand?

Post by **Alexandra** » Fri Oct 13, 2017 4:48 pm

Ouch. Don't know about legality but pretty sure it's a violation of the agreements with card companies.

At least they removed the $500 transaction limit, which is nice.

Bless

PSD_Kiwi · Post by **PSD_Kiwi** » Fri Oct 13, 2017 4:58 pm

Why don't you just get a local bank account and transfer funds here, then you won't have to pay fees everytime you make a withdrawal from an ATM, plus you'll have higher daily withdrawl limits if you choose or for higher amounts you can just go into a branch.

Makes no sense if you're living here but relying on using a card from your home country all the time.

ផោមក្លិនស្អុយ · Post by **ផោមក្លិនស្អុយ** » Fri Oct 13, 2017 5:03 pm

PSD_Kiwi wrote:Why don't you just get a local bank account and transfer funds here, then you won't have to pay fees everytime you make a withdrawal from an ATM, plus you'll have higher daily withdrawl limits if you choose or for higher amounts you can just go into a branch.

Makes no sense if you're living here but relying on using a card from your home country all the time.

^ This.

Am baffled why long term expats don’t just operate a local account. Much cheaper. Plus you can get decent interest rates on easy access accounts.

upstage · Post by **upstage** » Fri Oct 13, 2017 10:36 pm

IT ARE NOT SAFE HERE

PenhMan · Post by **PenhMan** » Fri Oct 13, 2017 11:06 pm

upstage wrote:IT ARE NOT SAFE HERE

What are you doing there then? I have many reasons for not living in PP again, but the banking services, Canadia and ABA in particular, were not the issue.