Quote:
Originally Posted by licanulla
What about transactions in USD? This "currency conversion" fee is added even in case you take US$$ from ATM somewhere outside the US. Converting UD dollars to US dollars?
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If you are using a true USD ATM then there should be no currency conversion, however most International machines are not in USD currency.
If you are withdrawing USD from an International machine, then the machine itself will likely not be primarily in USD. Therefore a currency exchange does occur on the transaction when you withdraw USD from the machine, since the machine is initially making the transaction in its base currency.