FlyerTalk Forums - View Single Post - Dynamic Currency Conversion (DCC) [2014-2016]
Old May 31, 2016 | 10:26 am
  #2467  
Vasco
 
Join Date: Sep 2007
Posts: 415
Was in Mexico City again, and went to take out some cash from a Scotiabank ATM. From past experience I knew that Scotiabank uses DCC in their ATMs. This time I decided to take notice of the difference.

Withdrew 5000 MXN pesos, and was offered by the ATM to convert using DCC to CAD$374. Obviously opted out, and withdrew cash normally. Checked my bank account, and sure enough, only CAD$360 taken from my account. That CAD$14 is just about under 4% markup.

DCC sucks so much.
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