Are there fees associated with NatWest foreign currency transactions?

NatWest does impose various fees associated with foreign currency transactions, and these can vary based on the type of account you hold and the nature of the transaction. For example, if customers make purchases in a foreign currency using their NatWest debit or credit card, they may incur an exchange rate markup. This markup is typically a percentage added to the Mastercard or Visa exchange rate at the time of the transaction. Additionally, there may be fees for using ATMs abroad or for withdrawing cash in a foreign currency. The exact amounts and conditions can depend on the account type, whether it is a personal or business account, and the specific arrangements that NatWest has in place. It is important for customers to check the terms and conditions associated with their accounts, as well as the latest information available on NatWest's official website, where details regarding foreign currency transaction fees can be found. Reviewing this information will provide clarity regarding potential costs and help in making informed decisions when engaging in foreign currency transactions.