16 Responses

  1. Seth Kaplan
    Seth Kaplan at |

    Checking out of a hotel in Cairo a few years back, they quoted me the balance due in USD. I said, “What is it in Egyptian pounds?” They said sorry, everyone with a U.S. credit card pays in dollars. I said maybe everyone else, but not me. After some more discussion, somehow they were able to charge me in pounds – imagine that. I don’t know this part for sure, but it seemed to me as though someone had been “incentivized” to not even present the choice.

    1. Matt
      Matt at |

      I think they strongly preferred USD in that case because Egyptian pounds are subject to crippling capital controls and the government’s rate is set artificially vs the actual worth of the currency. They may have had a separate merchant account and banking account set up for foreign clients.

  2. Robert F
    Robert F at |

    Great article and interesting to see the actual rate differences. But you might want to further clarify the difference between a DCC and non-DCC transaction. Maybe start with an example? As in: you’re American citizen sitting in a French cafe and you hand the waiter a U.S. credit card….

  3. AnonPerson
    AnonPerson at |

    Got charged in Seville at a museum in USD and was presented absolutely no option as no terminal was handed over. Handed CC over through window at ticket counter and got ripped off.

  4. Tom
    Tom at |

    In Spain and France are where I most often have not been given the choice to opt out of DCC.

    1. S
      S at |

      I just got back today from a week in Madrid and the surrounding areas, and was presented the choice to pay in euros every single transaction.

    2. Fafa123
      Fafa123 at |

      Just spent 3 weeks in Spain in August 2017. Was almost always given the choice to opt out. Once the cashier didn’t notice that the display choice was USD but I just pointed and said, “No. Euros” (I don’t speak Spanish) and she hit the correct choice.

  5. Robert F
    Robert F at |

    I’m not familiar with DCC, but it seems it would be advantageous to pay for everything in local currency. But does this also apply to international hotel chains like Hilton and IHG? Also, I frequently buy opera, ballet, and symphony tickets online before I make my trip. I’ve never noticed DCC or Exchange Rate Markup on the receipt, but that may well be because I’m not paying attention. What do you think?

  6. Ghery S. Pettit
    Ghery S. Pettit at |

    I got screwed by a shopkeeper in Jerusalem back in 2009 the same way. He quoted the price in Shekels but charged to the card in USD. Not a good exchange rate, either. This isn’t a new scam.

  7. JohnB
    JohnB at |

    Cambodia was the one that annoyed me the most. Cambodia uses the USD as the preferred currency. So all the hotel prices were quoted in USD, before the trip. We even paid for almost everything with USD. The hotel was put on the Chase Sapphire Reserve. I don’t think I was ever given any option of any currency other than USD. I thought that prices in Cambodia versus Vietnam were much higher, because everything in Cambodia is priced in USD. If you bought a Coke Zero in Cambodia it was $2, but in Vietnam in a similar convenience store, a Coke Zero was $.50. In Vietnam, I only had 1 instance of the DCC being presented and I forced them to change it to VDG.

  8. Kailash Nathan
    Kailash Nathan at |

    Charles M. Kunz

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