Second, there is a handling fee for overseas credit card swiping, but no personal handling fee will be deducted, which will be withheld by direct selling merchants and UnionPay. And the handling fee of each bank is different. However, according to the survey, the average overseas handling fee is 3%.
Generally speaking, the card-swiping fee is generally between 3% and 4% in the bill paid by cardholders for overseas card swiping. International card organizations such as visa or MasterCard charge the card-issuing bank an international transaction fee of 1% to 1.5% for each transaction. Although it is charged from the bank, this fee is actually borne by the credit card user. In addition, banks charge handling fees or exchange fees ranging from 1% to 2%.
Most banks charge overseas credit cards 1.5%. For example, CCB, BOC, China Merchants Bank, Xingye and Guangfa are all 1.5%, Everbright 1.7%, Shenzhen Development Bank and Bank of Communications are all 1.75%, and Pudong Development implements the standard of 2%.