Using ATM's in Europe

Mikey
New Member



Joined: 12 Apr 2004
Posts: 2
Location: Ontario, Canada

Posted: Mon Apr 12, 2004 11:02 am

 

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Hi, all. I'm off to see the wonders in Europe in May and I have questions concerning the usage of my Royal Bank and CS-COOP card.

Right now I only have a savings account on the card. Will this be ok, or should I be using a chequing account?

I think I saw it mentioned someplace that ATMs in Europe only work with chequing accounts and not savings. Is this true?

Thanks in advance.

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Kay
New Member



Joined: 10 Apr 2004
Posts: 7
Location: Canada

Posted: Mon Apr 12, 2004 12:10 pm

 

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I don't know about the convinience but it usually costs you less to use a chequing account with an ATM card. Most banks charge you a lot more per transaction to withdraw from a savings account since they are counting on those funds to be available for them to use.

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mrslinden
New Member



Joined: 13 Apr 2004
Posts: 1

Posted: Tue Apr 13, 2004 9:58 pm

 

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Just to let you know, the first time I was in Europe in 2000 I only had a savings account and couldn't get any money out of an atm--luckily we knew someone at the bank back home and they changed it to chequing! a hard lesson to learn--I suggest getting and transfering your money to a chequing account before you leave...

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Mikey
New Member



Joined: 12 Apr 2004
Posts: 2
Location: Ontario, Canada

Posted: Thu Apr 15, 2004 5:05 am

 

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Thanks guys. I'll make sure I have a chequing account added to my card incase I need to transfer some money to it.

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JackieMc
New Member



Joined: 15 May 2004
Posts: 2
Location: Dublin, Ireland.

Posted: Sat May 15, 2004 9:34 am

 

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In the Uk and Ireland you will need a debit/credit account to be able to draw funds. I've not come across an ATM that will let you draw funds from a savings account. If your ATM card has a 'Visa' sign on it you'll have no problems.

Jackie

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