If you travel outside your country where your currency is not accepted, then you can get the best exchange rate if you use your credit card, debit card or your ATM card. They offer the best deals on Foreign exchange.
Although ATMs are a convenient way to obtain local currency at an exchange rate reasonable, you must be careful when using an ATM abroad because some international ATMs have only numbers and not alphabets on the keyboard and they do not recognize the pin more than four digits. So it is a safer option to change your ATM pin code to a four-digit number after inform your local bank about this at the proper time.
Another serious disadvantage based on ATM card for the exchange is that it involves a certain amount of fees and the exact amount of fees are generally not known in advance. Therefore, you must wait until the withdrawal is debited from your account for fees charged for an exact transaction. Moreover, fees charged by some ATMs can be extremely high when both the foreign bank and your own bank (in your country) charge separately at both parts of the transaction.
Although some banks in the U.S. Full Article…
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