I made a purchase for an airline ticket and my flight was cancelled. The company refunded me but the problem is that I paid currency exchange fees worth of approximately 100$ both ways. What can I do now? My issue keep in mind is not with the exchange rate which is approximately the same in both payments but with the 6% fees the bank charged me. Do banks ever waive the fees in such cases?
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Similar: money.stackexchange.com/q/124824/32127 (Not a dupe because that one is about an unauthorized charge, not a legitimate charge that is being refunded.)– Ari BrodskyCommented Nov 11 at 18:08
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money.stackexchange.com/q/116749/32127– Ari BrodskyCommented Nov 11 at 18:18
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1 Answer
You'll need to talk to your bank.
Some do, especially if the refund is coded as a refund transaction. That would appear as a cancellation, reversal of the charge (in the system, not to you in the statement).
Others don't, especially if the refund is coded as a credit transaction. That would appear as a separate independent unrelated transaction in the system.
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Ok that is good, I got an sms that it is a transaction cancellation, not a new credit transaction.– Mark KCommented May 17 at 18:32