I'm trying to understand the costs associated with converting dollars. Specifically, I want to know what fees are typically charged for dollar conversion.
7 answers
Lorenzo
Mon Nov 04 2024
These fees are generally assessed as a percentage of the transaction price.
Tommaso
Mon Nov 04 2024
Typically, currency conversion costs amount to 1% of the total transaction amount.
Dario
Mon Nov 04 2024
This fee is imposed by either the ATM network or the credit card processing company.
Eleonora
Mon Nov 04 2024
It is important to note that this fee is often bundled with the foreign transaction fee.
ChristopherWilson
Mon Nov 04 2024
Currency exchange fees are a crucial aspect to consider when dealing with international transactions.