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  1. In Canada, make sure you use ATMs that are provided by actual banks, as opposed to the so-called “White Label” machines. The ones provided by banks will have much lower fees. To identify the real bank-operated ATMs, look for names like Toronto Dominion, Bank of Montreal, RBC Royal Bank, ScotiaBank, ING Direct, CIBC, National Bank and such.

    The super-narrow “White Label” machines from companies like “Frisco Bay” are often found in convenience stores, bars, clubs and restaurants. They will charge jaw-dropping fees often around $20 total to access your international bank accounts!

    Be smart and go to bank-owned ATMs.