0.8% border fees still lower than the currency exchange right?
normally i saw currency exchange admin fees is about 1.x%.
am I wrong?
Credit Cards What is Cross Border transaction fees ?, Charge by Visa / MasterCard
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 Aug 6 2014, 03:46 PM
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Aug 6 2014, 10:34 PM
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QUOTE(DarReNz @ Aug 6 2014, 06:59 PM) if u buy online and foreign currency then u will get hit by both and cimb foreign exchange is not low about 2.5% sorry, abit confuse. Do you mean: if buy in RM - got charge cross border fees 0.8% if buy in other currency - got charge cross border fees 0.8%+ 2.5% currency exchange? |
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Aug 8 2014, 08:29 AM
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QUOTE(tifosi @ Aug 7 2014, 04:10 PM) thanks tifosi for the clarification For other currency there's no cross border fees. It only apply when the gateway is in a foreign country while the transaction is in RM. QUOTE(DarReNz @ Aug 7 2014, 04:10 PM) thanks tifosi for the clarification wow. thanks for the explanation! if buy in RM - got charge cross border fees 0.8% if buy in other currency - got currency exchange 2.5%  This post has been edited by wan7075: Aug 8 2014, 08:32 AM |
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