Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Credit Cards What is Cross Border transaction fees ?, Charge by Visa / MasterCard

views
     
boonhan
post Feb 1 2015, 12:54 PM

Reader
******
Senior Member
1,934 posts

Joined: Jul 2009


Purchase item from http://www.qoo10.my/
got any border charge?
Using CIMB cc.

This post has been edited by boonhan: Feb 1 2015, 12:54 PM
boonhan
post Nov 14 2017, 01:40 PM

Reader
******
Senior Member
1,934 posts

Joined: Jul 2009


QUOTE(shirley_andy @ Nov 14 2017, 01:06 PM)
ya now I totally banned this card alrdy, My cashback RM30 now have to use to pay extra RM25 due to the 1% cross border charge for using Paypal.
*
i thought cimb already ended their cashback for online purchase rebate since Nov 1st.
ohmy.gif
you sure you get cashback for that? console.gif
boonhan
post Dec 7 2017, 08:17 PM

Reader
******
Senior Member
1,934 posts

Joined: Jul 2009


QUOTE(warren11 @ Dec 7 2017, 08:13 PM)
Thanks.
So conclusion Paypal (oversea merchant) transaction using USD (foreign currency) have cross border fee charged by SCB or not?
*
Cross border fee occur only when local currency transact in foreign gateway.

Which in ur case, only have charge the conversion fee by visa/ master.

U not spending in local myr. No border charge.

This post has been edited by boonhan: Dec 7 2017, 08:19 PM
boonhan
post Dec 7 2017, 08:21 PM

Reader
******
Senior Member
1,934 posts

Joined: Jul 2009


QUOTE(laymank @ Dec 7 2017, 04:15 PM)
based on post #1, it's very likely you will be charged cross border fee.
what is that 'mark up fee' of 1%? are you referring to the cross border fee?
*
Pay in usd where come border fee. (Direct translate lol, i mean usd. No border fee)
Aside from addition 1-2% conversion rate by card issuer.

This post has been edited by boonhan: Dec 7 2017, 08:22 PM

 

Change to:
| Lo-Fi Version
0.0208sec    0.57    7 queries    GZIP Disabled
Time is now: 1st December 2025 - 02:54 AM