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Thread: What exchange rate does UA use for converting to USD? (for billing, for PQDs, ...)
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Old Jan 16, 2016 | 12:41 pm
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mahasamatman
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Originally Posted by Skinut
I pulled 200 Euros out of the ATM in Paris yesterday, Friday - Jan. 15th and the exchange rate was $240. Today (Sat. Jan. 16th) I pulled out another 200 Euros and it only dinged me $214.
This could be ATM fees or Dynamic Currency Conversion (DCC). Banks outside the U.S. will try to convince you to accept a USD amount to be withdrawn - this is always a terrible idea. You should withdraw in local currency and let your bank do the conversion. (Not to mention, you should use a bank that refunds ATM fees.)
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