Cajunman wrote:
I want to say any bank in town.
I'm with you Cajunman. I really don't think there is THAT big of a difference between the major banks. At least not in terms of exchange rates. How different do they get? Maybe 5 colones per dollar? What is that? Less than a buck per hundred? The typical credit card transaction fees are usually much more than that. If the exchange rate difference is even 10 colones, that is a lot.
Personally, I think the much bigger issues are convenience and any transaction fees, both those on the CR and US end of the transaction, particularly if you use ATM's. Of course, ATM fees can be avoided by going inside the bank and waiting in line, but sometimes those lines are reasonably quick and sometimes they're agonizingly slow (OTOH, sometimes you have to wait a while at the ATM outside too). So a better question might be which banks provide the most EFFICIENT service rather than which ones will give you a few colones more on the dollar. After convenience, the second issue (for me anyway) is transaction fees. Of course, those can also be avoided if you're exchanging US currency for Costa Rican. But how much hard currency do you want to carry down with you? If you want to have the added security of using a credit or debit card (with their password protection and/or loss limits), that typically comes at a price entirely apart from whatever exchange rate you get. So my second "better" question might be which
US banks have the lowest TRANSACTION fees on cash advances or foreign withdrawals.