Kuala Lumpur, 16 March 2020
Dear Valued Cardholders,
For certain overseas ATMs, websites or merchants, Cardholders may be given the option of using the Dynamic Currency Conversion (“DCC”) service to convert their foreign currency transactions into Ringgit Malaysia.
Effective 6 April 2020, the following charges will be applicable for overseas transactions made in Ringgit Malaysia via DCC for Credit and Debit Card/-i:
i. a 1% transaction fee on converted Ringgit Malaysia amount, representing fees imposed by VISA and/or MasterCard International and;
ii. the foreign exchange rate used by the merchant for the DCC transaction may be higher than the exchange rate determined by VISA and/or MasterCard International.