Cryptocurrency Q&A
What is an Intl service fee?
What is an Intl service fee?
Riccardo
Fri Oct 18 2024
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7 answers
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I've seen an additional charge on my bank statement labeled as 'Intl service fee'. I'm wondering what this fee is for and why it has been applied to my account. Could it be related to international transactions or something else?
7 answers
CharmedEcho
Sun Oct 20 2024
Merchants should also take note of this fee, as it can impact their bottom line if they accept payments from international customers using cards issued outside of the U.S.
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DigitalDukedom
Sun Oct 20 2024
The ISA fee ranges between 0.80% and 1.20%, with the exact percentage depending on the currency in which the transaction is settled.
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RiderWhisper
Sun Oct 20 2024
This fee is applied to transactions processed through international payment systems, ensuring that the costs associated with cross-border transactions are covered.
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Dario
Sun Oct 20 2024
The ISA fee is not unique to any particular payment network or card issuer but is a standard charge imposed by many financial institutions to offset the additional costs associated with international transactions.
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KimonoGlory
Sun Oct 20 2024
The International Service Assessment Fee (ISA fee) is a charge levied on transactions originating from the United States and paid for using a card issued outside of the country.
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