Garanti bank sterling

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Garanti bank sterling

Postby Steve C » Wed 24 Oct 2018 9:56 am

I am being told that Garanti bank are now charging 2.5% to withdraw sterling.
Has anyone experienced the same please?
Last edited by Steve C on Wed 24 Oct 2018 3:03 pm, edited 1 time in total.
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Re: Garanti bank sterling

Postby waddo » Wed 24 Oct 2018 10:42 am

Do you mean Sterling out of the ATM or Sterling out of a Sterling account held with the bank?
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Re: Garanti bank sterling

Postby Squeaker » Wed 24 Oct 2018 11:27 am

Yep, 2.5% charge from ATM. £7.50 for £300!
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Re: Garanti bank sterling

Postby Steve C » Wed 24 Oct 2018 3:05 pm

Sorry, iphone too small for me. Anyway I mean sterling and at the ATM.
It has been verified so if anyone has an alternative please let me know.
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Re: Garanti bank sterling

Postby Jonnie » Wed 24 Oct 2018 3:27 pm

I understand it to be true they are charging 2.5% to withdraw sterling from your UK bank via their ATM. To be honest why should they not? They purchase the machine, provide a site and service it.
Some are wise and some otherwise.....
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Re: Garanti bank sterling

Postby waddo » Wed 24 Oct 2018 3:30 pm

Now I am confused! I regularly - well as often as I have money in the bank anyway - draw £500.00 from the Garanti bank ATM opposite Ya Belesh in Catalkoy. I have checked back on all my bank statements and there has never been a charge for this withdrawal. I bank with Nationwide.

To make it really plain for a simple guy like me - Are you withdrawing Sterling with a Garanti Bank card from the ATM and you are drawing on your Sterling account in the Garanti Bank?

If you are drawing Sterling from a UK bank via the Garanti Bank ATM, when did they start this charge please?
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Re: Garanti bank sterling

Postby meldy » Wed 24 Oct 2018 3:37 pm

Waddo, This charge has been introduced in the last couple of weeks - 2.5% when withdrawing sterling from a UK account via Garanti Bank ATM. Don't know yet if other banks are doing it too.
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Re: Garanti bank sterling

Postby waddo » Wed 24 Oct 2018 3:46 pm

Just checked, my last withdrawal was the 13th Oct. How do they charge the 2.5% then? 2.5% of £500 is £12.50. Will they only pay out £487.50 and if so which slot do the coins come out of? OR Are they imposing that 2.5% on the UK bank itself?
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