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This tag is to be used for any question related to debit cards. If the question is specific on legality, it should be accompanied by a country tag. In case the debit card is being issued in one country and used in another, the question should indicate this clearly and/or use multiple country tags.
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Why do the banks charge a foreign transaction fee?
Yes, they charge what the market is willing to pay, and banks know we all shop around, but there are also costs in the FX process.
First, the bank has to run an account in each currency you use, and …