FlyerTalk Forums - View Single Post - Extremely high ATM fees in Portugal w/ Schwab debit card
Old Aug 21, 2022 | 8:46 am
  #7  
blessuptraveler
 
Join Date: Apr 2022
Posts: 12
Originally Posted by corporate-wage-slave
The technical term for this is DCC, Dynamic Currency Conversion. It can happen throughout Europe, and it's not new.
You're right, I do think this is what happened. And no it isn't new, but I've never seen it be so deceptively implemented. I posted a similar thread at fodors and several people who are better traveled than I agreed that it seems like the aggressiveness of these scams is ramping up, which is unfortunate. It seemed pretty simple to avoid in the past, and now it's almost like tiptoeing through a minefield trying to obtain a rate that's not absolutely absurd.
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