HSBC Caution

by D-Loco, Thursday, July 27, 2017, 18:41 (83 days ago) @ midalake

I have always taken money from HSBC for the last several years via ATM. I am getting a new screen that tells me my exchange rate {WHICH SUCKS} the first time it worked out OK...TODAY I received a rate of 16.79 VERY UNACCEPTABLE. I will be on to my Visa Card in the AM.
BE AWARE!

D

If you can investigate your receipts or the ATM further check to see if they are charging you to tell you the Exchange Rate. It's called 'Dynamic Currency Conversion'. It's a fee that consumers get sneaked on them. Very rare but it does happen and you are suppose to be given a choice for it. Happened to me in Mexico twice and once in Italy.

Google 'dynamic currency conversion fee'


Complete thread:

 RSS Feed of thread