dynamic currency conversion
Published 4 November 2026, 21:42
dynamic currency conversion, DCC (conversion into your own currency)
When a cash machine or card terminal offers to show the amount in your card's currency instead of euros, using its own exchange rate. That rate is set by the owner of the machine or the shop, and it is always worse than your bank's rate.
Where you come across it. Euronet and similar cash machines, terminals in shops and restaurants, paying with a foreign card.
The right answer is always “pay in euros”: your bank will do the conversion at its own rate. Declining does no harm; the transaction goes through as normal.