Sentence examples for foreign currency conversion from inspiring English sources
American Express charges a 2percentt foreign currency conversion fee, which a spokeswoman, Judy Tenzer, said was an increase from the 1percentt fee levied until 1999.
3M, whose products include cellphone circuits and Post-it notes, said foreign currency conversion accounted for 6.1 percentage points of its 8.9percentt rise in quarterly sales.
When foreign currency conversion is taken into account, revenue grew 16percentt in the Asia-Pacific region, 7percentt in the Europe, Middle East and Africa region, and 7percentt in the Americas.
These so-called "foreign currency conversion fees" are generally not listed on customers' bills, sparking complaints from consumers as word has spread about the practice; at least two lawsuits are now working their way through the courts.
United's First USA Visa card, American's Citi AAdvantage card, Northwest's U.S. Bank Visa card and US Airways Bank of Americaa Visa card all charge a 3percentt fee for foreign currency conversion, while Delta's American Express card levies a 2percentt charge.
Their husbands/sons sent remittances, so women were interested in the foreign currency conversion rates and they thought that the ICC could give them correct information.
Two class-action law firms announced yesterday that they had reached a $336 million agreement with Visa USA, MasterCard and a number of other credit and debit card issuers over charges for foreign currency conversions.
But here's one fee that the new law didn't limit, even though it has offended scores of consumers for at least a decade and adds up to hundreds of millions of dollars every year for the credit card companies: the foreign transaction or currency conversion fee.
Unlike foreign transaction fees, currency conversion fees aren't charged by the bank that issued your card - they're assessed by your card's payment processor.
Not so long ago the barriers to foreign share ownership were forbidding: strange languages, currency conversion costs, stiff commissions.
Capital One, for example, doesn't charge foreign transaction fees or currency conversion fees to its card members, so if you travel abroad a lot, a card from this issuer might be a good choice.
