How may the globally experiencing cisis in the credit market affect international atm transactions.?

Posted by admin on September 27th, 2009 and filed under may international | 2 Comments »

Most internationally accepted, bank or credit union debit cards that are backed by cash in accounts have a credit card logo on them. for me i keep seeing a charge going to a credit company when i make a get money from a non USA atm. Please give me your ideas, theories as how this aspect of our financial world may play out in the 30 to 60 day short term. I am confident that the system will be back someday.

Thanks to all in advance.

It should NOT affect anything, except the exchange rate…

ATM use involves pulling cash or credit you already have, not applying for new credit…

2 Responses

  1. NunyaBidNess Says:

    It should NOT affect anything, except the exchange rate…

    ATM use involves pulling cash or credit you already have, not applying for new credit…
    References :

  2. Anyonomus A Says:

    The system will obviously be back someday, but it is most likely going to get worse before it gets better, if the USA doesn’t fix the problem there it will eventually spread and hurt countries hard especially like mexico and china because they sell a lot of their products to the US and if the american consumers don’t have money nothing will be bought and it eventually spreads and everyone is hit.
    References :

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