Originally Posted by
Majuki
At least they're honest about the mark-up, so it would be 2% above what Santander's rate is. I'll give them the benefit of the doubt and assume their exchange rate is competitive, but why would you want to be 2% more just to be offered the convenience of being billed in your local currency?
It's a Visa requirement; you can chargeback the hotel/Santander for simply not including it.
Bank of China too complies with this requirement, it would be like you don't get arrested for robbery if you tell the victim they're gonna get robbed in advance.