The Philippines, South Korea, and Thailand are the most expensive countries for travelers to withdraw cash at ATMs, according to fresh data from fintech giant Wise released on Tuesday. | via Asia News Network CDNDigital READ:
Average ATM fees in these countries range from 2.13 percent to 2.68 percent, said Wise, which ranked ATM fees at Singaporeans’ favorite destinations.
Ms Lim Paik Wan, expansion lead for Asia-Pacific at Wise, said it is important to be aware of hidden costs when withdrawing cash overseas.“Unassumingly small fees can add up. To put this in perspective, if someone withdrew $150 per day for a week in the Philippines, totaling $1,050, they’d pay the equivalent of $28.14 in fees,” she added.
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