Hi all, maybe this is obvious to you all, but we have been writing a check at the NEX cash cage for the past 1 year to pay our rent (2100 Euro).
Well, just recently we compared rates w/ ATM's and we lose just about 2% at the NEX.
Additionally, we lose about 1% at the Community Bank/B of A ATM on CAPO.
By far, the best rate is withdraw from Banco di Napoli ATM's - even after we calculate the 1% fee that we get billed, Banco di Napoli's exchange rate consistently beats the other options above for paying rent & getting cash.
If you do the math, after 1 year of cashing checks at the NEX, I have lost 500 EURO, easily!
Of course there's some convenience in 1-stop check cashing & turning the rent over to the landlord, as ATM's require several withdraws over several days, etc (and then you have that cash on-hand for a few days....)
Anyone found anything better?