Use Debit & Credit Cards prudently – Avoid DCC Fee!

Paying excessive surcharge on international transactions? 

Check if it's DCC

While shopping overseas, has a merchant ever asked you if you would like to convert your Credit or Debit Card transaction from the local currency into your home currency or while withdrawing cash from an ATM, were you ever prompted to choose home currency over local currency? This is called Dynamic Currency Conversion (DCC).

Here's how you can make an informed choice and avoid paying extra charges:

At a store

At the payment counter, the executive may offer two choices:   1) To pay in the local currency 2) To pay in the home currency       To avoid DCC charges, choose ‘To pay in local currency‘

At an ATM

If you choose to withdraw cash from an ATM through your Credit or Debit Card, you will get options such as: Case 1:   1) Accept without currency conversion 2) Accept with currency conversion   To avoid DCC charges, choose 'Accept without currency conversion' Case 2: Conversion to home currency.   1) Yes 2) No   To avoid DCC charges, choose 'No'