Is there a particular bank in China that has the best fees and withdrawal limits using an Australian ANZ Bank ATM card?
Upvote:0
You should check the conditions of your bank account agreement with ANZ.
Every bank offers different packages, and the withdrawal conditions are defined inside the package.
The only variable to consider is the exchange rate applied by foreign bank, but for my experience all the banks apply the same exchange rate (ruled by Bank of China).
Upvote:1
Daily withdrawal limits at ATMs are set by your banks daily spend limit as well as ATM transaction spend limit.
Open a Citibank Australia debit account which has no overseas transaction fee on ATM withdrawals and use that whilst overseas. It won't solve your fixed fee imposed at the ATM but every little bit helps.
Upvote:1
There are a few ANZ branches in China.. If you happen to be in one of those cities, you might want to go to the ANZ banks.
- Shanghai (3 branches)
- Beijing (2 branches)
- Guangzhou (2 branches)
- Hangzhou (1 branch)
- Chongqing (1 branch)
- Chengdu (1 branch)
- Qingdao (1 branch)
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