I've withdrawn $100 from an ATM today. Just to test how it works, how much I'm gonna pay for fees, etc.. So, transaction was smooth didnt even take 10 seconds.
However, my payoneer account transaction details say it is $104.95
I believe payoneer charges $3.15 so where did $1.80 fee go?
I have talked with support, they said it is cross-border fee.. I assumed you only take $3.15. They said it can be up to %3. I asked exact fee but he/she said it changes all the time.
I need to know when/how/why it changes? It changes depending on what? bank? country? day to day? I use only 1 ATM to withdraw money since there is a limited number of ATMs that has USD.
You might think 3% is not a big deal, but when you withdraw like $500.000... it matters.