Bank Charges for International shopping

Bank Charges for International shopping

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Hello everyone,

I’m trying to send 50 euro to a friend paypal(Sweden) from my Indian Paypal(using ICICI debit card) as Paying for goods and services. I would like to know the charges ICICI deducts for conversation because paypal auto conversion fees seems high. Anyone has idea about ICICI bank charges for international shopping then share it please.

Thankks

9 Comments  |  
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@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.

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@DealSeeker wrote:

@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.


I have International services activated and added my card to paypal successfully. Just wanted to know about conversion charges and other fees for ICICI bank. Are there any other charges other than 3.5% ?

Thanks

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@hogbus wrote:

@DealSeeker wrote:

@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.


I have International services activated and added my card to paypal successfully. Just wanted to know about conversion charges and other fees for ICICI bank. Are there any other charges other than 3.5% ?

Thanks


Nope, none in my experience.

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@hogbus wrote:

@DealSeeker wrote:

@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.


I have International services activated and added my card to paypal successfully. Just wanted to know about conversion charges and other fees for ICICI bank. Are there any other charges other than 3.5% ?

Thanks


Yes after a few days,ICICI will charge you few more rupees for which i dont know the reason.

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Service tax?

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@prateeksahoo337 wrote:

@hogbus wrote:

@DealSeeker wrote:

@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.


I have International services activated and added my card to paypal successfully. Just wanted to know about conversion charges and other fees for ICICI bank. Are there any other charges other than 3.5% ?

Thanks


Yes after a few days,ICICI will charge you few more rupees for which i dont know the reason.


How much they charged in your experience ?

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@hogbus wrote:

@prateeksahoo337 wrote:

@hogbus wrote:

@DealSeeker wrote:

@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.


I have International services activated and added my card to paypal successfully. Just wanted to know about conversion charges and other fees for ICICI bank. Are there any other charges other than 3.5% ?

Thanks


Yes after a few days,ICICI will charge you few more rupees for which i dont know the reason.


How much they charged in your experience ?


I dont remember ICICI charging me later but conversion charges are little over 3.5%
For instance, recently i made a 53.49$ purchase on amazon.com and i was charged 3710rs

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@getready wrote:

@hogbus wrote:

@prateeksahoo337 wrote:

@hogbus wrote:

@DealSeeker wrote:

@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.


I have International services activated and added my card to paypal successfully. Just wanted to know about conversion charges and other fees for ICICI bank. Are there any other charges other than 3.5% ?

Thanks


Yes after a few days,ICICI will charge you few more rupees for which i dont know the reason.


How much they charged in your experience ?


I dont remember ICICI charging me later but conversion charges are little over 3.5%
For instance, recently i made a 53.49$ purchase on amazon.com and i was charged 3710rs


i have amazon.com balance of 55$ and i can order for u at 25% discount if u need in future do tell me?

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Deal Cadet
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444
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@getready wrote:

@hogbus wrote:

@prateeksahoo337 wrote:

@hogbus wrote:

@DealSeeker wrote:

@hogbus Most banks charge a fee of 3.5% as foreign currency conversion charges. BTW, your ICICI card needs to have international transactions enabled/allowed for you to be able to pay in another currency.


I have International services activated and added my card to paypal successfully. Just wanted to know about conversion charges and other fees for ICICI bank. Are there any other charges other than 3.5% ?

Thanks


Yes after a few days,ICICI will charge you few more rupees for which i dont know the reason.


How much they charged in your experience ?


I dont remember ICICI charging me later but conversion charges are little over 3.5%
For instance, recently i made a 53.49$ purchase on amazon.com and i was charged 3710rs


i have amazon.com balance of 55$ and i can order for u at 25% discount if u need in future do tell me?

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