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BofA ATM Exchange Rate "SCAM"
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Jul 23, 2017, 7:58 am
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B747-437B
Join Date: Aug 2000
Location: Exile
Posts: 15,665
Quote:
Originally Posted by
ft101
Dynamic Currency Conversion - the practice is widespread although I've never heard of an ATM fee being linked to it.
DCC spreads are usually around 2-5%.
This is a 48% markup on the normal exchange rate.
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