Questions tagged [currency exchange fee]

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Ilaria Ilaria Sat Oct 12 2024 | 6 answers 945

Why is there a currency exchange fee?

I don't understand why there's a currency exchange fee. Whenever I make a transaction in a different currency, I'm charged an additional fee. Why does this happen?

Why is there a currency exchange fee?
Rosalia Rosalia Fri Sep 06 2024 | 0 answers 0

What is the difference between a currency exchange fee and a foreign transaction fee?

Excuse me, I'm a bit confused about the terminology in the world of finance and cryptocurrency. Could you please explain the key distinction between a currency exchange fee and a foreign transaction fee? As an investor and a frequent traveler, I find it essential to understand these charges better so that I can make informed decisions and avoid any unexpected costs. Thank you in advance for your clarification.

What is the difference between a currency exchange fee and a foreign transaction fee?

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