Quick Message to all my fellow outbound exchange students, before you leave (the ones that haven’t yet) open a TD Select Service account, one of the key features in this account is that has unlimited worldwide ATM withdrawals, I’m am unsure if others banks offer this but ask.
The catch is that you have to have a minimum balance of $5000, otherwise you will be penalized $20 a month, even if you pay the $20/month you will save as most banks charge $5 for an international ATM withdrawal and sometimes you need cash instead of using a credit card.
For me Danish Law says I cannot withdraw from my Danish Bank account until 8 weeks after I open it, I am however allowed to deposit money in there.
Written by: Hamza N.
THE GLOBAL EXPERIENCE BLOG 