DCC in Cambodia?
Aug 17, 2015 | 11:28 am
#1
Original Poster
Join Date: Jan 2011
Programs: MVP Gold
Posts: 81
DCC in Cambodia?
Couldn't decide if I should post here or in the DCC credit card thread. I'm aware that the USD is the de-facto standard currency in Cambodia. If I stay at a hotel (major hotel chain like Hyatt, etc) and pay with my credit card, if they present the bill in USD, is that with the horrible DCC rates applied or without? Should I still be looking to pay in Cambodian Riel even though that's not the standard currency?
Aug 17, 2015 | 9:46 pm
#2
FlyerTalk Evangelist
Join Date: Aug 2009
Location: Paris, France
Programs: AF/KL Flying Blue Ultimate/Platinum for life/Club2000, Accor ALL Diamond
Posts: 25,166
I have no idea what you are talking about for "DCC rate"' but I sincerely doubt you'll be able to pay an hotel bill with a CC in Riels.
Aug 17, 2015 | 10:10 pm
#3
FlyerTalk Evangelist
Join Date: Mar 2008
Location: body: A stone's throw from SFO, mind: SE Asia
Programs: Some of this 'n some of that
Posts: 17,265
Couldn't decide if I should post here or in the DCC credit card thread. I'm aware that the USD is the de-facto standard currency in Cambodia. If I stay at a hotel (major hotel chain like Hyatt, etc) and pay with my credit card, if they present the bill in USD, is that with the horrible DCC rates applied or without? Should I still be looking to pay in Cambodian Riel even though that's not the standard currency?
Do you really want to carry sums of riel sufficient to pay a 1.2m+ Riel night at the Hyatt? As well as bear the exchange cost and suffer a poor conversion rate?
Aug 18, 2015 | 1:12 am
#4
Original Poster
Join Date: Jan 2011
Programs: MVP Gold
Posts: 81
You will be quoted the rate in USD and you will pay in USD regardless of whether it is a chain or local establishment. There's no rate conversion to which DCC can be applied.
Do you really want to carry sums of riel sufficient to pay a 1.2m+ Riel night at the Hyatt? As well as bear the exchange cost and suffer a poor conversion rate?
Do you really want to carry sums of riel sufficient to pay a 1.2m+ Riel night at the Hyatt? As well as bear the exchange cost and suffer a poor conversion rate?
Aug 18, 2015 | 10:53 pm
#5
FlyerTalk Evangelist
Join Date: Aug 2000
Location: London
Programs: Hilton, IHG - BA, GA, LH, QR, SV, TK
Posts: 18,311
Couldn't decide if I should post here or in the DCC credit card thread. I'm aware that the USD is the de-facto standard currency in Cambodia. If I stay at a hotel (major hotel chain like Hyatt, etc) and pay with my credit card, if they present the bill in USD, is that with the horrible DCC rates applied or without? Should I still be looking to pay in Cambodian Riel even though that's not the standard currency?
DCC might come into play for payment with a card not using USD as its native currency (honest, they do exit!), but paying with a UK card I've never had that problem in Cambodia.
I recently stayed in a Budapest hotel. Booked in EUR, billed in HUF and the hotel kindly attempted to slip in a conversion to GBP "for my convenience". Now that's DCC at work
Aug 19, 2015 | 4:57 am
#6
Original Poster
Join Date: Jan 2011
Programs: MVP Gold
Posts: 81
I'm guessing you have a US credit card. As you say, the de facto currency for high finance (i.e. most things) is USD. The USD system runs smoothly with credit card transactions in that currency. So DCC is simply not an issue for you.
DCC might come into play for payment with a card not using USD as its native currency (honest, they do exit!), but paying with a UK card I've never had that problem in Cambodia.
I recently stayed in a Budapest hotel. Booked in EUR, billed in HUF and the hotel kindly attempted to slip in a conversion to GBP "for my convenience". Now that's DCC at work
DCC might come into play for payment with a card not using USD as its native currency (honest, they do exit!), but paying with a UK card I've never had that problem in Cambodia.
I recently stayed in a Budapest hotel. Booked in EUR, billed in HUF and the hotel kindly attempted to slip in a conversion to GBP "for my convenience". Now that's DCC at work