Cryptocurrency Q&A
How much does foreign transaction cost?
How much does foreign transaction cost?
mia_rose_lawyer
Mon Oct 14 2024
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6 answers
1272
I'm curious about the additional charges or fees that might be incurred when making a transaction in a foreign country. Specifically, I want to know how much foreign transaction costs typically are.
6 answers
Elena
Wed Oct 16 2024
The foreign transaction fee charged by Credit Card companies can vary significantly, depending primarily on the issuing institution.
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BitcoinBaroness
Wed Oct 16 2024
This fee is applied to purchases made outside the country of the card's origin or in a foreign currency.
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Elena
Wed Oct 16 2024
Generally, consumers can expect to pay a percentage of the total transaction amount as a foreign transaction fee.
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Tommaso
Wed Oct 16 2024
The most common range for this fee falls between 1% and 3% of the purchase amount.
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KpopStarlight
Tue Oct 15 2024
Some credit card issuers may charge a flat fee instead of a percentage, but this is less common.
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