The Biggest Tourist Scam on Americans in Europe
It is not just Americans, it is anyone that does not have the local currency as their home currency. NEVER TAKE THE CONVERSION. If you are using an ATM in Europe or around the world and the ATM (or restaurant or store) offers to convert the local currency to your home currency, you should not take that conversion. The enticing part is that you know the amount of dollars they will charge on your account, what you don t know is what the exchange rate your local bank may charge. In my experience private ATMs in Europe have had larger differences between the official exchange rate than my local hometown bank used. Thus I have seen up to 20% difference in the amount of money that I would have lost if I would have taken the conversion. Please note that many banks use basically the same exchange rate as your home bank, but you never know. You can always argue with your home bank. It is harder to argue with an ATM opperator on another continent. Filmed in Amsterdam, The Netherlands Copyright Mark Wolters 2022 Join this channel to get access to perks: https://www.youtube.com/channel/UCFr3sz2t3bDp6Cux08B93KQ/join #travelscams #ripoff #atmscams Learn how to plan your travels like we do with our Travel Planning 101 Course: https://www.brighttrip.com/woltersworld Grab some Wolters World travel gear http://www.woltersworld.store Help Us Keep Make More Honest Travel Videos: https://www.patreon.com/woltersworld Follow our Travel Shorts channel: https://www.youtube.com/channel/UCmSIWRrLCcqamLlTEEBLFLA Follow Jocelyn s Adventures in Cooking & Life at Simply Jocelyn - https://www.youtube.com/channel/UCkFli83zdGzt7s-IsiRijXA/ Some of Our Favorite Travel Videos We Think Other Travelers Would Love https://www.youtube.com/playlist?list=PLhHcxDH6KFHpt78ZBdtJAUGtDMiOUhGLW Hey There Fellow Travelers! Thank you for watching our honest travel vlogs from all over this wonderful world. If you would like to get in contact with us please follow us & send us a message via our social media channels below. Also, if you like our travel videos please feel free to share them with other fellow travelers. Follow Us At http://www.facebook.com/woltersworld http://www.twitter.com/woltersworld http://www.instagram.com/woltersworld http://www.youtube.com/woltersworld http://www.woltersworld.com
