Company ripoff on converting EURO purchases to US DOLLARS on credit cards
#1
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I got taken twice on our trip to Ireland.
First time was at the book ok KELLS display. The charge was an
admission fee in EUROS but they converted it to DOLLARS at a bad rate,
By signing the Credit Card receipt, I accepted the BAD Deal
Second time was a Hotel in Duplin. Same deal but I caught it and would
not sign. The manager told me that his credit card machine only worked
with the conversion. I signed under protest and the understanding that
I would follow up. Ten minutes later, the manager came to my room and
gave me the amount in CASH that I had lost in the transaction. He
admitted that his machine had the ability to keep the transaction in
EUROS. He went on to say that Americans want it converted to DOLLARS
so they could see the cost in DOLLARS. The bad rate cost the consumers
about 4 Dollars on each $100.
First time was at the book ok KELLS display. The charge was an
admission fee in EUROS but they converted it to DOLLARS at a bad rate,
By signing the Credit Card receipt, I accepted the BAD Deal
Second time was a Hotel in Duplin. Same deal but I caught it and would
not sign. The manager told me that his credit card machine only worked
with the conversion. I signed under protest and the understanding that
I would follow up. Ten minutes later, the manager came to my room and
gave me the amount in CASH that I had lost in the transaction. He
admitted that his machine had the ability to keep the transaction in
EUROS. He went on to say that Americans want it converted to DOLLARS
so they could see the cost in DOLLARS. The bad rate cost the consumers
about 4 Dollars on each $100.
#2
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Thanks, but old news here actually; this was reported here many Months
ago. It is assumed second parties 'hosting' those machines offers a
discount on CC service rates to the merchants in order to place them.
You should of course demand that all transactions occur in 'local
currency'; which will give you the normal interbank conversion rates
(plus whatever usual bank transaction fee) without the second parties
cut.
Tim K
<[email protected]> wrote in message
news:[email protected] ups.com...
> I got taken twice on our trip to Ireland.
> First time was at the book ok KELLS display. The charge was an
> admission fee in EUROS but they converted it to DOLLARS at a bad
rate,...
ago. It is assumed second parties 'hosting' those machines offers a
discount on CC service rates to the merchants in order to place them.
You should of course demand that all transactions occur in 'local
currency'; which will give you the normal interbank conversion rates
(plus whatever usual bank transaction fee) without the second parties
cut.
Tim K
<[email protected]> wrote in message
news:[email protected] ups.com...
> I got taken twice on our trip to Ireland.
> First time was at the book ok KELLS display. The charge was an
> admission fee in EUROS but they converted it to DOLLARS at a bad
rate,...
#3
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<[email protected]> wrote in message
news:[email protected] ups.com...
>I got taken twice on our trip to Ireland.
> First time was at the book ok KELLS display. The charge was an
> admission fee in EUROS but they converted it to DOLLARS at a bad rate,
> By signing the Credit Card receipt, I accepted the BAD Deal
They should ask which you want, if they offer payment in foreign currency.
I'm a bit surprised by this particular instance. Who runs this display? I
should have thought it was either an agency of the Irish state, a university
or the Church of Ireland. None of these would be obvious suspects for a scam
of this kind.
Alan Harrison
news:[email protected] ups.com...
>I got taken twice on our trip to Ireland.
> First time was at the book ok KELLS display. The charge was an
> admission fee in EUROS but they converted it to DOLLARS at a bad rate,
> By signing the Credit Card receipt, I accepted the BAD Deal
They should ask which you want, if they offer payment in foreign currency.
I'm a bit surprised by this particular instance. Who runs this display? I
should have thought it was either an agency of the Irish state, a university
or the Church of Ireland. None of these would be obvious suspects for a scam
of this kind.
Alan Harrison
#4
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ALAN HARRISON wrote:
> <[email protected]> wrote in message
> news:[email protected] ups.com...
> >I got taken twice on our trip to Ireland.
> >
> > First time was at the book ok KELLS display. The charge was an
> > admission fee in EUROS but they converted it to DOLLARS at a bad rate,
> > By signing the Credit Card receipt, I accepted the BAD Deal
> They should ask which you want, if they offer payment in foreign currency.
> I'm a bit surprised by this particular instance. Who runs this display? I
> should have thought it was either an agency of the Irish state, a university
> or the Church of Ireland. None of these would be obvious suspects for a scam
> of this kind.
The tendency these days is for such entities to contract out the
actual day to day operation to a commercial subcontractor. The
subcontractor would be the one making this decision. Often to
the ignorance of the contracting organization.
> <[email protected]> wrote in message
> news:[email protected] ups.com...
> >I got taken twice on our trip to Ireland.
> >
> > First time was at the book ok KELLS display. The charge was an
> > admission fee in EUROS but they converted it to DOLLARS at a bad rate,
> > By signing the Credit Card receipt, I accepted the BAD Deal
> They should ask which you want, if they offer payment in foreign currency.
> I'm a bit surprised by this particular instance. Who runs this display? I
> should have thought it was either an agency of the Irish state, a university
> or the Church of Ireland. None of these would be obvious suspects for a scam
> of this kind.
The tendency these days is for such entities to contract out the
actual day to day operation to a commercial subcontractor. The
subcontractor would be the one making this decision. Often to
the ignorance of the contracting organization.
#5
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[email protected] wrote:
> ALAN HARRISON wrote:
>
>><[email protected]> wrote in message
>>news:[email protected] roups.com...
>>>I got taken twice on our trip to Ireland.
>>>First time was at the book ok KELLS display. The charge was an
>>>admission fee in EUROS but they converted it to DOLLARS at a bad rate,
>>>By signing the Credit Card receipt, I accepted the BAD Deal
>>They should ask which you want, if they offer payment in foreign currency.
>>I'm a bit surprised by this particular instance. Who runs this display? I
>>should have thought it was either an agency of the Irish state, a university
>>or the Church of Ireland. None of these would be obvious suspects for a scam
>>of this kind.
>
>
> The tendency these days is for such entities to contract out the
> actual day to day operation to a commercial subcontractor. The
> subcontractor would be the one making this decision. Often to
> the ignorance of the contracting organization.
>
The entities are still responsible for the actions of their subcontractor.
> ALAN HARRISON wrote:
>
>><[email protected]> wrote in message
>>news:[email protected] roups.com...
>>>I got taken twice on our trip to Ireland.
>>>First time was at the book ok KELLS display. The charge was an
>>>admission fee in EUROS but they converted it to DOLLARS at a bad rate,
>>>By signing the Credit Card receipt, I accepted the BAD Deal
>>They should ask which you want, if they offer payment in foreign currency.
>>I'm a bit surprised by this particular instance. Who runs this display? I
>>should have thought it was either an agency of the Irish state, a university
>>or the Church of Ireland. None of these would be obvious suspects for a scam
>>of this kind.
>
>
> The tendency these days is for such entities to contract out the
> actual day to day operation to a commercial subcontractor. The
> subcontractor would be the one making this decision. Often to
> the ignorance of the contracting organization.
>
The entities are still responsible for the actions of their subcontractor.
#6
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Posts: n/a
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"Frank F. Matthews" <[email protected]> wrote in message
news:[email protected]. ..
> [email protected] wrote:
>> ALAN HARRISON wrote:
>>><[email protected]> wrote in message
>>>news:[email protected] groups.com...
>>>>I got taken twice on our trip to Ireland.
>>>>First time was at the book ok KELLS display. The charge was an
>>>>admission fee in EUROS but they converted it to DOLLARS at a bad rate,
>>>>By signing the Credit Card receipt, I accepted the BAD Deal
>>>They should ask which you want, if they offer payment in foreign
>>>currency.
>>>I'm a bit surprised by this particular instance. Who runs this display? I
>>>should have thought it was either an agency of the Irish state, a
>>>university
>>>or the Church of Ireland. None of these would be obvious suspects for a
>>>scam
>>>of this kind.
>> The tendency these days is for such entities to contract out the
>> actual day to day operation to a commercial subcontractor. The
>> subcontractor would be the one making this decision. Often to
>> the ignorance of the contracting organization.
> The entities are still responsible for the actions of their subcontractor.
In fact, I've discovered that the Book of Kells belongs to Trinity College,
Dublin. TCD is effectively the Ivy League or Russell Group of this small
country. The OP might like to try writing to the College -
http://www.tcd.ie/ - and asking what the hell is going on.
Alan Harrison
news:[email protected]. ..
> [email protected] wrote:
>> ALAN HARRISON wrote:
>>><[email protected]> wrote in message
>>>news:[email protected] groups.com...
>>>>I got taken twice on our trip to Ireland.
>>>>First time was at the book ok KELLS display. The charge was an
>>>>admission fee in EUROS but they converted it to DOLLARS at a bad rate,
>>>>By signing the Credit Card receipt, I accepted the BAD Deal
>>>They should ask which you want, if they offer payment in foreign
>>>currency.
>>>I'm a bit surprised by this particular instance. Who runs this display? I
>>>should have thought it was either an agency of the Irish state, a
>>>university
>>>or the Church of Ireland. None of these would be obvious suspects for a
>>>scam
>>>of this kind.
>> The tendency these days is for such entities to contract out the
>> actual day to day operation to a commercial subcontractor. The
>> subcontractor would be the one making this decision. Often to
>> the ignorance of the contracting organization.
> The entities are still responsible for the actions of their subcontractor.
In fact, I've discovered that the Book of Kells belongs to Trinity College,
Dublin. TCD is effectively the Ivy League or Russell Group of this small
country. The OP might like to try writing to the College -
http://www.tcd.ie/ - and asking what the hell is going on.
Alan Harrison
#7
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On Thu, 08 Sep 2005 02:11:53 GMT, "Timothy Kroesen"
<[email protected]> wrote:
>Thanks, but old news here actually; this was reported here many Months
>ago. It is assumed second parties 'hosting' those machines offers a
>discount on CC service rates to the merchants in order to place them.
>You should of course demand that all transactions occur in 'local
>currency'; which will give you the normal interbank conversion rates
>(plus whatever usual bank transaction fee) without the second parties
>cut.
Well, I had that happen in Italy (paid by CC twice directly in Swiss
francs instead of euros, and I wasn't happy about it, having read this
NG), but surprisingly, when I got my CC statement, the transactions
with direct conversion didn't cost me more than the ones billed in
euros.
Nathalie in Switzerland
<[email protected]> wrote:
>Thanks, but old news here actually; this was reported here many Months
>ago. It is assumed second parties 'hosting' those machines offers a
>discount on CC service rates to the merchants in order to place them.
>You should of course demand that all transactions occur in 'local
>currency'; which will give you the normal interbank conversion rates
>(plus whatever usual bank transaction fee) without the second parties
>cut.
Well, I had that happen in Italy (paid by CC twice directly in Swiss
francs instead of euros, and I wasn't happy about it, having read this
NG), but surprisingly, when I got my CC statement, the transactions
with direct conversion didn't cost me more than the ones billed in
euros.
Nathalie in Switzerland