Euronet Worldwide is an American-headquartered worldwide provider of electronic payment services. It operates the largest independent ATM network in Europe and owns a total of almost 46,000 ATMs around the world.
Euronet’s high ATM fees and exchange rates have regularly been criticised, but the company has frequently defended itself, saying that such fees are necessary to cover ATM running costs and the convenience that these machines provide. However, considering that many of Euronet’s ATMs can be found in locations such as airports and supermarkets – where if you need cash fast, there’s little other choice – you could argue that Euronet has found an easy way to generate additional income.
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Euronet ATMs charge high fees that can quickly catch you out. Here’s what you need to know:
Euronet ATM withdrawal fees vary from €1.95 to €4.99
dynamic currency conversions (DCCs) can stack up to 13% of the total amount, you'll find Euronet ATMs in tourist locations (e.g. airports, shopping centres, busy streets, etc.),
we recommend avoiding Euronet ATMs wherever possible.
Most Polish people have free ATM withdrawals from Euronet per their bank account agreement. In Poland it is probably the most popular ATM chain. Where there’s a lot of ATMs there’s a lot of people - not specifically tourists.
Non-Poles pay through their nose at the same ATMs though. So I would think there's an incentive to place them at places with lots of tourists, which is where I find them; but then that's mostly where I have been in Poland.
is case what is an typical commission for Euronet ATM?