Hi,
I am planning to withdraw 200$ from the international airport. what charges will I incur if I use Niyo’s SBM card? I heard that Foreign ATMs will charge some amount.
As per the Niyo website and the sheet which I received through card, it says that the charges will be (100Rs + GST) → these charges are from Niyo only, or is it the entire amount which I will incur?
Also how much will be the GST?
Hey @yashwanthk ! For every international ATM withdrawal, ₹100 + ₹18 (GST) applies, making it a sum of ₹118/trn. Hope this helps!
@ashrithjain there won’t be any other charges which I will incur apart from 118 right? and is the first international ATM withdrawal free? and I can see you mentioned 18rs as the GST so is it on the amount which I withdraw or is it on 100rs? Also as per a few foreign ATMs will charge some % on the amount which we withdraw. So through we won’t have these charges.?
Along with INR 118/trn, you’ll also be charged with the acquiring bank’s ATM fee. No, first transaction is not free.
@ashrithjain Hello bro
What is the annual limit of international ATM withdrawals through niyo global?
Is every withdrawals are taxable after certain limit?
