The network's 1% International Service Assessment applies to all transactions originating in foreign countries, regardless of the currencies involved.

In other words, even if the issuer of your card (bank, CU, brokerage) doesn't charge a differential for conversions, the 1% (if the issuer doesn't absorb it) will still apply to DCC transactions.

Reference: http://www.corporate.visa.com/pd/con...x_faq.jsp#faq6

Robespierre..

Last April Visa announced it would introduce a 1% charge for all foreign transactions whether in a foreign currency or not..in June due to the bad press they were getting and the fact MC had not done the same, they withdrew it. MC announced that beginning in October they would charge 0.8% for all foreign transactions and an additional .2% if it involved a foreign currency conversion.

Sometime early this year, MC began enforcing its fees. I'm not sure, not that I doubt you, whether visa has done the same....also as usual many of the near criminal banks now pass along extra fees on all foreign transactions with their rationale being there is more fraud involved with foreign transactions (give me a break!)

The ISA is not a conversion fee. It's a network charge. The 1% they withdrew was the Multicurrency conversion fee.

&quot;More fraud involved with foreign transactions&quot; refers to their <i>own</i> fees.