Cryptocurrency Q&A
What is an int fee?
What is an int fee?
Valentino
Sat Oct 12 2024
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6
answers
1485
I encountered the term 'int fee' in a document or a conversation, and I'm not sure what it means. I'm looking for an explanation of what 'int fee' stands for and what context it is typically used in.
6 answers
KatanaBladed
Mon Oct 14 2024
The rationale behind this fee is to cover the costs associated with converting the foreign currency into the customer's local currency.
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KabukiPassion
Mon Oct 14 2024
The amount of the fee can vary depending on the bank and the credit card issuer.
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Maria
Mon Oct 14 2024
The concept of a foreign transition fee, also commonly referred to as an international transaction fee, is a charge levied on consumers by their bank credit card companies.
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Davide
Mon Oct 14 2024
In some cases, the fee can be a percentage of the total transaction amount, while in others, it may be a flat rate.
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BlockchainBaronessGuard
Mon Oct 14 2024
This fee is incurred whenever a customer makes a purchase using a foreign currency.
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