With Monex's DCC service, international Visa® and MasterCard® credit card purchases are instantly converted at the point of sale (POS) to the cardholder's home currency at a very competitive exchange rate, eliminating unpleasant surprises for consumers when their credit card bill arrives.
The exchange rates offered are competitive and comparable with those used by VISA and MasterCard. We aim to provide the best rate at all times. If you obtain a better exchange rate on another transaction on the same day from your card issuer, we will refund the difference. The rate you are given is not an additional fee and replaces currency conversion charges normally applied.
Monex offer the Best Rate of Exchange or we will refund the difference.
DCC Card Holder Benefits
- No FX exposure.
- Best Rates Guaranteed.
- Reduced pricing confusion.
- A competitive FX conversion rate.
- Choice of currency at Point of Sale.
- Ability to claim business expenses immediately.
- Best Rate of Exchange offered or we'll refund the difference.
- Transaction receipts clearly display the exchange rate, local and foreign currency amounts
- There are no further currency conversion fees or charges applied to DCC transactions
- Knowledge of exact price payable in own currency before commitment to buy is made