It's impossible to definitively say which bank has the absolute lowest international transaction charges. This is because fees vary widely depending on:
- The specific bank: Each bank sets its own fees.
- The type of transaction: Fees differ for debit card purchases, ATM withdrawals, wire transfers, and foreign currency exchange.
- The destination country: Fees can vary based on the country you're sending money to or making a transaction in.
- The amount of the transaction: Some banks have tiered fees, with higher charges for larger transactions.
To find the bank with the lowest fees for your specific needs, you'll need to compare rates from several banks.
Here are some resources that can help:
- Bank websites: Most banks list their international transaction fees on their websites.
- Independent comparison websites: Websites like NerdWallet and Bankrate compare fees from different banks.
- Consumer advocacy groups: Organizations like the Consumer Financial Protection Bureau (CFPB) provide information on financial products and services.
Remember to read the fine print carefully to understand all the fees associated with international transactions.
