I was told to be careful of DCC when booking a hotel-like accommodation. What does DCC mean?
659 3 6 years ago
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pu2. Double exchange!
For example, if you pay in Korean won instead of paying in dollars, which is the local currency of the hotel,
Fee by converting what is denominated in dollars into Korean won
Fee by converting won back to dollars
It means to be careful because there might be a double currency exchange
2018-08-16
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