Excessive foreign currency fees under scrutiny from Australian consumer watchdog

The Australian Competition and Consumer Commission will investigate fees for currency conversions and overseas use of credit cards

Overseas holidays for Australians could become cheaper if a consumer watchdog inquiry into exorbitant foreign transaction fees is successful.

The Australian Competition and Consumer Commission will look at “excessive” charges for currency conversions and overseas use of credit cards.

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from The Guardian https://ift.tt/2zL60pk
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