Originally Posted by
upnorth
I think DCC is aggressively pushed in Asia because of more profits. It has now spread to ATM's too. Last year when I was withdrawing cash at Delhi airport I got a message we are giving you the best conversion rate using DCC, with a button to continue or "cancel". It makes one think, cancel means cancel the transaction. When I hit cancel, it continued the transaction without DCC. I am pretty sure 95% of travelers at 1.30 AM, after 17 hours of flight time and more just want to get to their hotel and hit the sack. I expect that until regulators clamp down on this, this will proliferate.
My parents reported that in BKK (they don't remember which bank) - they were not given the option to not DCC, and if they pushed Cancel on the screen the ATM returned their card.
They were quoted a rate of 20000 THB = USD 650.50 + 180 THB fee. Nice scam they've got going there, charging 7% over what our bank would have plus the already exorbitant overseas user ATM fee.
