Canadian bank does something right

When I take out money from ATMs in Chile I get dinged with a CH$2500 ($5) transaction fee. Ouch! That's 5% if you take out $100. The less I take out, the higher that percentage becomes, the more I take out, the more money I have waiting for no good to come of it (I'm not seriously concerned about theft, but on principle when travelling one likes to have as little cash lying around as is practical). A German woman told me that she takes out money from Scotiabank in Santiago and doesn't pay any fees, so today when I needed money and noticed there was a branch here in Arica, I thought I'd test that out. Winner! Either they didn't charge a fee or else did and lied about it :-)