Beware. Bank of America just instituted outrageous transaction fees outside of US

[cbayer]

I had researched this before coming to Mexico and found they had an Alliance Bank where you could use the ATM's with no charge from either the Mexican bank or BOA.

Cool! Worked great!

Until last week, when I was hit with a 3% transaction fee. Not just on my ATM withdrawal but on every single purchase I had made with my card.

Apparently they put a notice in their October statements. Great, I don't get a paper statement.

They refunded the amount charged to the ATM withdrawal, but intend to impose it from now on.

I'm not going to pay 3%. No way. I'm going to find another bank or have someone send me cash and exchange it down here.

Absolutely outrageous.