I am 18 and so confused as to how this works! I am going to Asia for 5 months soon and am opening a checking account with them. What I understand is that- You go to the atm, and then pull out money and two things happen. 1. You get charged for not using your banks ATM, your own bank charges you 2. You get charged for not using your banks ATM, that ATM charges you 3. You get charged foreign transaction fees, which is usually around 1-3%
Is that how it works? And also what do they reverse? 1,2, or 3?
Thank you so much I have no one close to ask this too and I’m so confused.
Also what checking account do I open? Does it have to be a certain one?
Edit: schwab
Submitted April 19, 2018 at 08:41AM by aes_00 https://ift.tt/2J4lYNh
