Since customers pay the same foreign ATM transaction fee, independent of the interchange fee set by the institutions taking part in the transaction, they have no incentive to prefer one foreign ATM over another.

Question

Quizplus · Accepted Answer

Customers typically pay a fixed foreign ATM transaction fee set by their own bank, which does not vary with the interchange fee between banks, so they have no financial incentive to choose one foreign ATM over another based on fees.

Since Customers Pay the Same Foreign ATM Transaction Fee, Independent