Originally Posted by JEFFJAGUAR

Sort of an old thread. Here's what I think and can be corrected by people who know better. Because of some US legal action, I think it was a consent agreement with visa/mc or some banks, I forget which, banks on their statements must now show the exchange rate being used and the amoounts in both local currency and US currency (we're talking about US cardholders here). And then must list the fees separately, it used to be that many banks just combined the fees into the amount shown. If it's a dcc transaction, there is no foreign amount shown. I would think the amounts before fees should not be dependent on which card you are using as this conversion is done through the visa or mastercard system and is basically the interbank rate.

This is my understanding of what exists today but of course this is based on my limited experience.