they aren't even a scam if the American has a good bank
those ATMs give you a choice on how to do currency conversion and my bank will do withdrawals at spot rate! I check forex and futures charts and I get the same rate.
and other than that just a normal ATM fee the same as I would encounter in the states. some banks reimburse those too.
Most Europeans are used to zero or low ATM fees, at least when no conversion is needed. Our banks don't tend to do the fee and reimbursement dance that I've heard American banks do.
That said, I've noticed that when I withdraw a non-euro currency, my own bank fee has been creeping up and is approaching the conversion rate and fee offered by the ATMs, so maybe I need to change my policy about that in the future.
those ATMs give you a choice on how to do currency conversion and my bank will do withdrawals at spot rate! I check forex and futures charts and I get the same rate.
and other than that just a normal ATM fee the same as I would encounter in the states. some banks reimburse those too.