Glossary entry

Hebrew term or phrase:

עמלת משיכת מזומן בחו\\\'\\\'ל

English translation:

This a commission for a cash withdrawal made abroad

Added to glossary by Leelia Pekarsky
Jul 14, 2017 15:50
6 yrs ago
Hebrew term

עמלת משיכת מזומן בחו\'\'ל

Hebrew to English Bus/Financial Finance (general) Finance
Not sure about the translation. Is it "Foreign currency cash advance fee"? Thanks.

Proposed translations

+1
1 day 18 hrs
Selected

This a commission for a cash withdrawal made abroad

Banks charge cash withdrawal fees whenever cash is withdrawn. These fees are larger when money has to be transferred abroad, and so is charged at a special inflated rate.
Peer comment(s):

agree Sandra & Kenneth Grossman : including foreign exchange conversion charges from an account in NIS :)
2 days 3 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks!"
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