How Much are Foreign Exchange Transaction Fees in Australia.
Two actual cost examples for paying a cost in the United States from Australia:
NAB VIsa Debit Card: A US$106.20 cost A$145.35 when paying by Visa Card
Paypal: A US$100.00 cost A$128.00 when paying by Paypal
The main cost in the Bank payment, using NAB Visa, was the Foreign Exchange Transaction Fee of $4.23.
The Paypal FX rate was a cost of A$1.28 to the US$
The NAB FX rate was a cost of A$1.329 to the US$, but with the FX Fee became A$1.369 to the US$
So, the US$106.20 purchase, costing a total of $145.35 when paying by VISA card, would have only been $135.94 using Paypal.