View single post by Hook
 Posted: Sun Jun 19th, 2016 04:19 am
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Joined: Wed Oct 26th, 2005
Location: Mexico
Posts: 3719
bachrachj wrote: OK then. It sounds like Schwab is the least expensive option and has service with no hassles. I'm waiting on a reply from Morgan Stanley where we already have an account. If they don't provide the services described, I'll open a Schwab account just for Mexico. You all have been great. Thanks and see you soon.
You're forgetting the third way that institutions can make money on using their cards;  the exchange rate. You need to see how competitive Schwab's xchg rate is, compared to other means.