Originally Posted by
mikew99
That's the rub: Not only does the fee usually exceed what the bank would charge, but as you point out, the bank charges you a foreign transaction charge even if the amount is denominated in USD -- so, you pay twice. (That's not a "flaw", it's a money grab, and it's by design.)
That is a feature of only *some* banks ; doesn't happen with all but def would want to avoid DCC if they do
I read contracts before signing and definitely cross out / reject DCC whenever it exists, but if I agreed, could hardly complain later
Dave