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New ATM machine & Money conversion New ATM machine & Money conversion
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  #11 (permalink)  
Old 07-13-2007, 05:06 PM
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any idea if canadian banks will charge service fee for withdrawing money (in US$) from the ATM machines on the island?..

and are credit cards accepted in grocery stores and restaurants?
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  #12 (permalink)  
Old 07-13-2007, 06:24 PM
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Originally Posted by speed2007 View Post
any idea if canadian banks will charge service fee for withdrawing money (in US$) from the ATM machines on the island?..

and are credit cards accepted in grocery stores and restaurants?
I am not on Saba, but the general rule is yes, canadian banks charge you a fee for everything.
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Old 07-13-2007, 06:26 PM
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Originally Posted by Siddman View Post
I guess it will be good to know that The Bottom has a new bank and a new bank machine which is open 24hr, 7 days a week. Its very handy to have an ATM machine at the Bottom so students who live at the bottom with no transportation can do their withdrawl five minutes away from Saba University School of Medicine. Just to let you know some interesting banking tips: I am a Canadian, and when ever i convert Canadian Cash into US in Canada i usually get: for 1 canadan doller i get about .82-.83 US. But the bank here give approximately from .89 to .9 US, so my advise: its better to just withdraw money from here then to get it converted by Canadian banks.

Hope this helps,


Siddman

That is excellent, congrats on the new machine

btw, the Canadian dollar has been doing really great recently. It is actually more like 95cents on the dollar.. so the bank is still taking 5 cents/dollar from you.
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  #14 (permalink)  
Old 07-13-2007, 10:12 PM
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Originally Posted by speed2007 View Post
any idea if canadian banks will charge service fee for withdrawing money (in US$) from the ATM machines on the island?..

and are credit cards accepted in grocery stores and restaurants?
Restaurants certainly do but IMHO it is uncool to use a credit card at the grocery stores here. Also, I try to use guilders at the grocery stores, too, just out of respect for the locals. They even smile sometimes when I do. That's worth the trouble.
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  #15 (permalink)  
Old 07-13-2007, 10:57 PM
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Ok, just so that I understand all of this:
- the saba atm will charge any canadian bank (whether its can or us funds)...5 USD?
- saba atm does NOT charge any american bank?
- RBTT bank...can we open up a USD chequing account, or does it have to be in the local currency...AND...is there any atm charge when withdrawing from the atm?

Also, could current students please give us a rough estimate about how much you spend per week (groceries, food, entertainment, etc)...

Thanks in advance...
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  #16 (permalink)  
Old 07-14-2007, 09:38 AM
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RBTT charges me $3 per withdrawal from a US account. My bank doesn't charge for ATM withdrawals, so it's RBTT doing it.
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  #17 (permalink)  
Old 07-14-2007, 01:33 PM
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My US bank charges me $2 for using an out of network ATM. The bank here doesn't charge me anything.
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Three semesters down, two more to go.
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  #18 (permalink)  
Old 07-14-2007, 02:31 PM
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Originally Posted by MissCrabette View Post
My US bank charges me $2 for using an out of network ATM. The bank here doesn't charge me anything.

WAMU doesn't charge me for out of network transactions, but someone is charging me $3 when I take money out of the RBTT. WAMU says it's RBTT, thats the way it shows up on my statements. It doesn't matter how much I take out, either.
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  #19 (permalink)  
Old 07-16-2007, 02:16 AM
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soon Can$$ >> USD $$
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Saba University...
Last edited by psychMajor; 07-16-2007 at 02:19 AM.
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  #20 (permalink)  
Old 07-16-2007, 06:51 AM
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I use a credit card for groceries and no one seems so mind. Can you elaborate on why its "uncool"?
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