Sentences with phrase «currency conversion fees which»
Canadians can pay as much as 2.5 % in currency conversion fees which are hidden in what is known as «the spread».
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Plus, using a credit card that doesn't have a foreign transaction fee is usually cheaper than using the currency conversion services at retail stores, banks, and airports, which tend to charge high fees and could be inconsistent in their currency calculations.
Plus, using a credit card that doesn't have a foreign transaction fee is usually cheaper than using the currency conversion services at retail stores, banks, and airports, which tend to charge high fees and could be inconsistent in their currency calculations.
This chicken - and - egg scenario in which bitcoin co-exists with existing (and more commonly accepted) fiat currencies means that currency conversions must still occur at each end of the transmission, which then requires intermediaries in the form of bitcoin exchanges and the fees they will necessarily levy.