Originally Posted by
Happy
Has anyone experienced DCC cases that would be in the consumer's favor? I thought DCC always adds a minimum 3% to the exchange rate, sometime more.
There are still financial institutions in some countries which only apply FTFs to transactions in foreign currencies. If your DCC surcharge is 3% and your own bank's surcharge is 3% and they don't add theirs in the case of DCC, it's a close call.
This is becoming more and more rare, not only as financial institutions add FTFs to home-currency transactions, but as DCCers regularly bump up their fees to 5% these days.