What are the fees and charges for international transactions with Commonwealth Bank?
Commonwealth Bank charges various fees and charges for international transactions. For international ATM cash withdrawals, a fee of $5 is applied, plus an additional 3% of the transaction amount. For international purchases made with a Commonwealth Bank debit or credit card, a fee of 3% of the transaction amount is imposed. There is also a currency conversion fee of 3% when converting foreign currencies. For international money transfers, customers may incur a combination of fees, including an overseas bank fee and a Commonwealth Bank fee. These fees depend on the destination, currency, and transfer method. It is recommended to consult the bank's website or contact customer support for a detailed breakdown of fees and charges specific to each international transaction.
Answered May 3, 2024
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