ATMs & Card Machines abroad: The Golden Rule

When an ATM or card machine asks if you'd like to accept an exchange, there's only one right answer... always say no. Always refuse any conversion, always choose the local currency for the country you're in. 

Just say no way, José.

But it's still so easy to be duped.  Here's why, and how to avoid it once and for all. 

Foreign ATMs and card machines often say nice things like: "Would you like to fix the exchange rate?" Or, "This ATM offers conversion to your home currency". Sometimes, there isn't even a question on the screen at all - just an exchange rate, a familiar looking amount in GBP and the options "Yes" or "No" .

On the surface, it looks friendly enough. Like you'll know exactly what you're paying, and in a currency you're way more familiar with.

But, in reality, paying in your home currency - or even just accidentally saying "Yes" to a rate - is a hidden fee horror.

This is a service known as Dynamic Currency Conversion, or DCC for short. It effectively means you are accepting an exchange offered by the machine. And it is always, always a bad one, adding up to 6% on to the cost of your transaction.

So, now that you know the golden rule, DCC should be easy to avoid, right?

Not exactly. The thing is, it's not always clear exactly what the machine is saying, so it's very easy to fall into the trap. Here are some examples. Can you guess what you need to say?

ATM machine in Lyon, France.

ATM Machine Example One

Answer: Select 'DEBIT IN EUR', as this is the local currency. Choosing DEBIT IN GBP would mean accepting their exchange rate.

ATM Machine in Amsterdam, Holland.

Slack for iOS Upload

Answer: Select NO. You don't want to accept this rate.

And the worst one of all, the easiest trap to accidentally fall into ...

Portable card terminal in San Francisco, USA.


Answer: Select NO

See how easy it would be to exchange money that you have already exchanged?

Ignore the offer and pay in the local currency. With a WeSwap card, you've already got the best rates on the market, so don't spoil it by letting the machine do the exchange.


Words by WeSwap, the clever new way to get travel money that’s up to 10 times cheaper than banks, bureaux or airports. 

WeSwap and the WeSwap logo are trademarks of MK Fintech Limited trading as The WeSwap card is issued by Monavate Limited, pursuant to license by Mastercard International. Mastercard is a registered trademark of Mastercard International Incorporated. Monavate Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money and the provision of payment services (FCA Register reference 901097). For further information, please visit
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