Hi
2 days ago i rented car from Avis Miami USA ,upon rental Avis agent preauthorize my credit card in my home currency which is Saudi Arabian Riyals ,this process called dynamic currency conversion in which Avis will get more money by exchange rate conversion ,the agent didn't tell me about this and i am not agree to this process i am in USA i want to be billed by US dollar.visa company regulation says
If you do not want to use dynamic currency conversion when making a purchase, then you have the right to refuse the offer and have your transaction billed in the merchant’s local currency, which will then use Visa’s conversion rate. If you did not agree to DCC, but see it on your bill, then you should ask your issuing bank to contest the charge.
from here
http://usa.visa.com/personal/using_v....html#anchor_4
so i am wondering big company like Avis doing these this which is usually done by small hotels to get few extra dollar , i will return the car 2 days later and i will fight to be billed by US dollar , any advice please.
more about dynamic currency conversion
http://en.wikipedia.org/wiki/Dynamic...ncy_conversion