answersLogoWhite

0

A foreign transaction fee is charged by your credit card company for purchases made in a foreign currency, while a currency conversion fee is charged for converting one currency to another.

User Avatar

AnswerBot

7mo ago

What else can I help you with?

Related Questions

Explain the difference between a cash and credit transaction for purchass and sales?

explain the difference between cash and credit transaction


What is the difference between transaction risk and economic risk?

Transaction is bank risk


What is the difference between a cash transaction and a non cash transaction?

processing a transaction includes involves cash or non transaction and concept of different between two?


What is the Difference between primary and secondary market in transaction as related to flow of fund in transaction?

What is transaction what it contains


What is the difference between the Canadian dollar and the mexacan dollar?

The Euro is the currency of the European Union and the Canadian dollar is the currency of Canada. On March 6, 2015, one Euro was equal to $1.37 in Canadian currency. The conversion varies, so to get the latest conversion it's best to use a currency converter, which are available online.


What is the difference between currency future and currency option?

The difference between a currency future and a currency option is the option is the amount paid is all that is at risk and with future you could lose a lot more.


Difference between nested and distributed transaction?

·A nested transaction is a transaction that is logically decomposed into a hierarchy of sub transaction. A distributed transaction is logically a flat, indivisible transaction that operates on distributed data.


What is the difference between conversion and theft?

Nothing


How expensive is it to engage in foreign currency trading?

It varies between 1.00 per transaction, up to thousands per transaction depending on the amount of and type of currency being traded. Also a factor is the country in which the trading is taking place.


What is the difference between login password and transaction password?

transation password


What is the Difference between a normal paper and currency paper?

the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees


What is the difference between currency paper and a normal paper?

the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees