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My daughter used a travel money card loaded with US dollars to with drawl cash from an ATM in Walmart Kentucky. She withdrew $100USD and was charged $2.50USD fee from our bank in Australia and $18.36USD by the ATM. Does this sound right? We are horrified. She is there on exchange for a year and it will be a very costly year if every time she needs cash is charged these amounts. I need advise please, which is the best way forward.
I just returned from my semester abroad in the USA. A good option is https://transferwise.com/ . They offer a cheap way to transfer money to the USA.
Do not use Paypal. They are so expensive.