How ATM Can (AND WILL) Trick You When Traveling 

Good job

Also definitely a place worth visiting.

Great attidude

Long live Belgium 😀

Yep, also don’t think I’ve ever seen one in France ! Probably illegal here too

Exactly!

literal robbery.

@@Consumer0001 Most of the ATM shown are not owned by banks, they're owned by Euronet, an American private company from Kansas. Professional racketeers.

The 'conversion' means that the machine itself does the conversion - often with a very bad exchange rate - and draws the amount in your local currency from your bank. Not converting means drawing the amount in the foreign currency from your bank and letting it do the conversion, which will mostly be done with a much better rate.

Or in Ukraine at Privat Bank ATM's they charge almost 25% !!!!!

What he did not told: In Czech Republic Dynamic Currency Conversion is used by the most of the Card Terminals. Not only the bad Euronet try ti use DCC, also the most retailers and restaurants with foreign cards.

We have them all over Copenhagen, and in many tourist areas. I always tell people to use their card in shops or get money from a bank ATM

@@respectmahauthoritah4918 rude

@@respectmahauthoritah4918 alpha male right here

@@respectmahauthoritah4918 Ok peasent

@@respectmahauthoritah4918 y'know, calling someone a snowflake isn't an excuse for insulting people. you're twisting the word's definition

@@respectmahauthoritah4918 He is a troll guys, don’t bother to reply.

Which city was this in? Sounds like the restaurant gets a cut of the transaction fees for the payment services provider..

@@paulsz6194 more likely they dont get charged for using the service. Most of these machines charge the company/restaurant to use their service so i could imagine that euronet offers to waive fees if they instead use conversion.

@@Pheatan so how wpuld Euronet make its money then? Corporations are always searching out extra ways to make money off us consumers.

@@paulsz6194 I think you guys are basically saying the same thing, but Audio Cracked is saying that instead of the service provider giving the restaurant a credit for using conversion, they give them a discount on the payment services.

Have had something similar happen buying groceries in Kuala Lumpur, Singapore, and Bangkok. Cashiers get told to hit the card's home currency without asking the patron. Now when I travelling I aim to use self checkout.

To add to this nonsense, the minimum you can withdraw is 1000 crowns (40euros).

As cunning as this could be seen, it isn't stealing.

The law can be abused. It often is. Likewise what people think is harmful/dangious can actually be safer. Then we got other factors at play. Such as "Whats in it for them" and "Being selfish vs sharing" along with other technical details. To put things into perspective, only cowards turn their backs and flee. Only the closed minded shut down communication after getting the last word in. Only the brave always listen even if in conflict to work things out. People can and do "harass" each other before things work out. Or even going through times of near destruction. But if the end result is being happy and safe together then the ends justify the means. Especailly if it follows a set pattern that works out. eg: Different people. Different reasons. Same old song and dance. The pattern works when exchanging each others view points and considering the full story. Even wars can stop with diplomacy. And yes... So many don't want to listen in this day and age. Perfectly legal. Yet causing so many harmful mental truama. Which in turn can lead to insanity and suicide (and gang wars. etc. You get the idea). No one's obligated to obide by your rules. Rules forced on people without consent as if it's an obligation. People will break them just to know they even have a choice at times. Scammers scam because their own lives are shit. But maybe it's because they were treated like shit. Bullies bully for the same reasons. Backtrack. Rewind. What's the ignition/spark that causes events? Understand the patterns that cause events to happen and you can control events. Will you take advantage with that control? Well... What's in it for me not too? Fear? Being told of? Threats/intimidation? These things are not good incentive on their own. Granted, punishment, threat and fear has its uses on a "right now" bases when combined with more caring/positive elements. But without the "positive" elements then it's just making it about yourself and your own moral high ground isn't it? That's why people will keep doing it. Because why wouldn't they if you have nothing else to offer them? Thus, what can you offer to those bankers to get them to stop?

@@WhatALoadOfTosca Someone taking by trickery what you would not have given them IS stealing. Look up "theft by trick." Any reply you make to this comment may result in loss to your bank accounts, I'm just being honest.

@@davidcovington901 lol wut. It’s not a trick if you can’t be bothered to read

It happened to me, but it was on island where it was only atm and i was out of cash :-D So i took a risk

@@Trolhammarenn damn

It’s called skimming. Just jiggle firmly on the card reader before you put in your card and fiddle around if it does not come of easily. If it’s cardboard or simply wood ignore it and move along. Also always enter your pin blind beneath your palm. They have a second cam installed (not officially from the bank) and that reads your pin entry. After a day or so they remove their skimming device and match the card read to the pin and a simple copy action from your read card to a copy card and with your pin recorded they empty your account.

@@shardphoenix They were doing what you describe in Malaysia 20 years ago !

@@brianterence3211 Yes bc even chip card still have magnetic strip, that's why Fintech is answer where u can disable strip, nfc, chip to authorisation.

Try to get money only at in bursa ATMs in Mexico. They only charge 21pesos and of course decline conversion.

For Mexico! Try to get money only at inbursa ATMs in Mexico. They only charge 21 pesos for the transaction (bbva 85!) and of course decline conversion.

I wish the world were simply more honest...

Yeah I think these guys need to do collabs with other RU-vidrs in other countries

u can get atm in every city of the world for sure

Helping us against travel vultures!

He already made this video...its the same thing again

@@respectmahauthoritah4918 Tell that to all the people that are vaccinated and feel like they have all the power in the world and think that they can do anything without restrictions even when going to a country or place that is pretty hard hit with an certain mutation of the virus that makes the vaccine less effective. Those are the people that are the most dangerous at this moment.

@@respectmahauthoritah4918 Dont say shits pls :)

ATM in Europe are so not safe aside mostly in an open space air no chamber, many people were following me after took some cash even some just for sake of following me not because of money but were after me for a date 😅 ATM in Indonesia are some of the safest in the world, much better security systems and all with air-conditioned chambers/spaces. That's why all my former colleagues back in Europe said "you walked so fast, didn't even notice me waving to you"

Hahahaha 😂 quite expensive bro

You know your stuff! 👍👍👍

.. and if you're lucky, you might even find one from your own bank or bank conglomerate and pay no fees at all.. (e.g. my German HypoVereinsbank card, which is part of the UniCredit group shown in the video, would withdraw there for free)

No matter what my bank is (Wise for instance), any other bank ATM will accept my withdraw?

it made sense

Funny: the Clinton Foundation and BLM are not American.

@@tihspidtherekciltilc5469 For tax purposes no one is american

That tells you everything.

@@tihspidtherekciltilc5469 BLM isn't an official organization to be taxed? Jeeze, it's like you idiots _want_ to be misinformed...

12,86% is rounded to 13%, not 12%. They steal 13%

@@paolopetrozzi2213 OK I agree.

EU regulations are still trash. These devices are scams the banks are f***ing impostors.

@@nahadoth2087 exactly

@@nahadoth2087 I didn’t know Spain had those type of ATMs although considering the amount of profit Spain makes from tourism it isn’t that surprising.

North Cyprus or South?

@@Oceansta Isn't Norther Cyprus just a satellite of Turkey almost no one but them recognizes? Jup, looked it up. Sure is. So I would tend to think it's the real state of Cyprus.

@@Oceansta Cyprus is one country, hence their flag depicting the entire island. Turkey invaded it in 1974, but Cyprus joined the European Union as a whole island.

@@aoelp Exactly, Northern Cyprus is an invaded piece of Cyprus (the invasion occurred in 1974), that's why nobody recognizes it

​@Kaan Özkuscu The Greeks have been on the island of Cyprus since 1400 BC. That's almost 3000 years before the Ottoman Empire invaded it and they have been there to this day. Pretending as if Turks are innocent and don't act out aggressively for the benefit of their own nationalistic interests is pure hypocrisy on your end and won't solve anything.

Well that shouldn't be the case

@@logon12 i googled it and it is in Kansas.

The yanks are well known for ripping people off, corporate greed unchecked

@@centaur188 I'm not feeding the troll 😒

@@fall22123 No he's totally right. America has greediest culture on this earth. No one does hypercapitalist exploitation like the US.

4rd party: When your heart says 3rd but your brain likes 4th

Its the same thing for pretty much anywhere in Europe although in the UK many ATMs are free to use wether they're owned by a bank or not since they're owned by an organisation owned by a group of banks and you can do bank functions at your local convenience store as long as there is a "PayPoint" sign on the side of the building

Also for the UK you may find the ATM Locator app by Link Scheme Ltd useful on the Apple App Store or Google Play Store that may be useful. It can show any UK ATM on a map and can filter for only free ATM's or even the rare ATM's offering £5 notes which may come in handy if you need cash for one small transaction.

@@seraphina985 Thanks for the info since I did not know about this; I knew they were owned by Link but I didn't know that any dispensed £5 notes or that there was a map locator...

ATMs in the Netherlands don't charge you anything. What are you on about

😂

Insane u want move to the biggest scam city in europe

Fair play to these guys exposing these dirty forginers scammers

"Horrific"???

It is almost like the designers assumed it would be one digit to the left and two to the right of the decimal point. Don't know why they would think so, ... oh wait, because that seems more reasonable maybe(?).

@@Rodhern Nah I think they did it on purpose.

ppl should avoid using euronet at all times they charge u way to much yes that is true, i used their machines two times and was charged 4 euros when i was in krakow. read about it in a news article. always use atm from a proper legit bank like 1 in gdansk has actually a bank office in that big mall.

This is exactly the same way how I've found out myself a couple of years back. Ever since I always press decline or go with local currency.

Those bastard machines kept popping up all over Vienna past few years, sometimes almost right next to "legit" ATMs (where it's just your own bank fleecing you).

literally Euronet. i dont't even think they have competitors (except normal bank ATMs that don't charge you)

The EU doesn't care about scamming tourists or it would make this practice illegal. This conversion scam is a plague across many EU countries.

Thank you from the bottom of my heart!

If you mean feeless ATM I don't think it exists. Every ATM will charge you somehow.

Agree 👍

There is! Look up "blank map of europe" and it will show you maps of all the ethical ATMs

@@fil2337 what other words ? if i use this in a search i get a litteral blank map of europe

@@shywalker404 Yeah, those are all the ethical ATMs

Have multiple banks, use each whenever it has better terms. One might put pointless fees, the other might have higher transfer limits and cheaper transfers.

My card are multi-currency, but it will still has transactions fee since it use visa network.

Try N26

Just get a fintech card like Revolut, Payoneer, Crypto.com etc, they give you better conversion rates anyway, and you have a lot more control over your card, you can freeze it, set limits, etc on the fly from your smartphone.

Get a card with no international fees. There are quite a few around these days.

I didn't know that when I visited the UK and went to the post office for that. Also, the ATM has something called "Guarantee of exchange rate" which is what he said here in the video and it was not on the screen what it meant. Now I know.

There is one near the Louvre in Paris that has good rates, but it is down a side street two city blocks away. XD

@@ShadyD365 depends on the bank. They vary as much on exchange rates in the states as Europe.

@@ShadyD365 interesting. That has not been my experience. I live in Europe.

@@ShadyD365 I started to explain then realized I'd don't want my financial details on fricking RU-vid, so you can take me at my word or don't.

Just wanted to know what if the concerned shop owner or waiter at a restaurant swipes your card and accepts the payment without declining the conversion in your home currency thing?

In the '00s, there were Citibank ATMs that didn't rip you off, and I'd use them. Don't know if they're still around -- the ones I knew aren't still there.

Open up a Schwab account to use specifically for travel. You'll never look back.

Get a credit card with no foreign exchange fees. The higher-end Chase cards (Sapphire Preferred/Reserve) do this, along with my Barclay's Aviator Red Mastercard. And the nice thing with the Barclay's is that it offers true European Chip-and-PIN, so you can pay at kiosks. When I was in Prague I withdrew about $200 USD equivalent in Crowns from a bank lobby ATM (using local currency). Everything else was paid on my cards. Zero issues.

When I was in Hungary in 2014, I had no problems getting local currency with no fees.

That's why i always select that i'll specify the amount i'd like to withdraw. So if i would need 2000 CZK, i'd enter that i'll withdraw 1900 (so worst case scenario is i get 1000+500+200+200), if i'd need 500 i'd enter 450 or 550 (so i'd get 200+200+50 or 200+200+100+50, both are much better than a 500 bill).

I cannot imagine how this would be done by ATM. It has the same buttons to press for everybody. I guess it must be what Honest Guide mentioned; not to press any big amounts but enter the smaller amount you want to withdraw manually. So foreigners can get smaller bills as well just need to read the screen carefully.

@@glondikeink2167 No - that is exactly what i tried. The menu system is interactive and one get different responses depending on whether a Czech or foreign credit card was entered. The person I discussed this with was taking parking payments at a site with no cell coverage meaning only cash payment was possible. For her it was a problem since all foreigners came with large bills and she was very aware of why.

@@archibaldhaddock7450 that happens here in Portugal. With nationalcards you get options starting at 20€ and up to 200€. You can select custom amount and go as low as 10€. With foreign cards they leave only the 100 and 200€ options, a well as custom where you can still insert that same 10€ amount

I had that happen in Croatia once. Never going to that place again. Always make sure you check the currency on the POS before you enter the pin.

@@jebotipasmater This is another problem, many cards don't even require your signature, and even if it requires your signature its already approved, you just have to sign on the receipt or you can't see the transaction currency when you are signing on the POS machine.

@@chrisli3295 That's why sponsor ZEN or used in this video Revolut is your friend, u convert money to local currency via app and it's impossible to overdrawn this card's

@@mateuszzimon8216 But then you get dinged by Revolut's poor exchange rate maybe?

@@chrisli3295 if u compare Revo or Zen rates to regular banks 1eur 25,92czk

Also don't forget to look at vendors and uncheck "legitimate interest" which is basically just another way for them to get your info, like hell they have any legitimate interest in you. I have started to stop using some sites because they have way too many vendors that have to be unchecked individually. One i can think of is fandom.wikia which have video game information, one page for each video game.

@@PokerAttack21 I believe they still are able to track you, because the law accepts "technically needed" which in turn means yes, its gonna be an auth token, but some tracking cookies will also slip

It's called "dark design patterns" and oh boy, is that a deep and nasty can of worms About the cookies: sometimes you can click on "advanced options" and turn everything off, but then there's no "save" or "apply" button anywhere to be found. Or it takes you to a different page for the cookie settings with no clear way to get back to the content page and if you just click the "back"-button on your browser, well it will take you back to the page you wanted to see, but then it'll ask for your cookie settings again! In both cases I'll immediately leave the page. Screw those guys who design such deliberately broken sites, no content in the world could be worth putting up with this!

I just use adblockers, wish I could do the same in real life xD

Omg

Don't give them ideas.

You didn’t see him tap his card??

STFU ... Do not give them any ideas ....... Yes it wouldn't surprice me if they suddenly started doing that .

country ? those are american company ATMs nothing to do with country. its not easy for the state to do something with this neither, its on private property and those owners probably dont give a f if they pay a lot.

To be fair you can tell he's deeply patriotic and proud of his country and he just wants the best for it

Painful to say, but I was also tricked that way in Prague.

next time you show them a banquote you wanna exchange and ask them how much money you gonna get- they must write it... it always works fo me

Exchange points in tourist locations show higher "we sell rate" of EUR, USD, GBP at entrance doors what means that they sell at this rate and not buy to trick tourists who quite often have no clue of what is going on and when they buy or sell. Furthermore, they don't know proper exchange rate and could have no idea what the local currency is because they are money ignorants or do not care becasue they got money from their parents or another sponsors. The full board with buy and sell rate is usually inside but, still some morron tourists think that they will get higher rate even after they look at exchange rate board. In my opinion best option is to have multicurrency card, that is always recognised as lokal bank card in every country to avoid money exchange troubles. There is quite a few fintech companies providing such multicurrency cards and banking apps.

Depends on your bank. If you travel you usually check this, but for many cards you pay 0% fees on conversions.

@@muffinb5446 Not really. They say it's 0% fees, and that's true, but they still use an exchange rate that is a couple of percents to your disadvantage compared to the interbank rate o the day.

@@alestane2 some banks do use the interbank rate with no fees addef

I'm really confused about what conversation versus no conversion means. Does conversion mean that it won't incur a foreign transaction fee? My bank charges those.

at least you sign it in your contract, no one push you or trick you to do it there ... don;t compare things like this )

@@mariashevyrova3730 um yes it is a fair comparison

Mate you have to, the world is so big with so many experiences you can't get in the US.

Agreeing with@@Turkey936 here. I'm American and it's amazing how insular and backward our American thinking is when we *only* see the US. Travel abroad, especially to Europe, should be a mandatory part of school.

@@LabGecko as an American, can confirm the rest of the world is CRAZY. I spent 2 weeks in China, 1 week in Germany, the culture around the world is so cool and different

Bro what are you doing!? You have to travel, it's one of the most mind expanding things you can do. I can't believe how many Americans never leave.

Agreed - that is sooo 20th century, Bro. As penance for ignoring the wide world so long, you now must travel to a different continent at least once per year, through 2025. If not, an ankle bracelet will be fitted....🤠😉🤠😉👍

That depends on your credit card. Most have a 3% fee unless you have a travel rewards card. Those typically have 0% foreign fee.