Avoid excess charges on international payments

	Paying excessive surcharge on international transactions? Check if it's Dynamic Currency Conversion (DCC)   Dear Customer, While shopping overseas, has a merchant ever asked you if you would like to convert your Debit Card transaction from the local currency into your home/billing currency or while withdrawing cash from an ATM, were you ever prompted to choose home/billing currency over local currency? This is called Dynamic Currency Conversion (DCC).   Here is how you can avoid paying extra charges.   At a store     At the payment counter, the executive may offer two choices:   1) To pay in the local currency 2) To pay in the home/billing currency       To avoid DCC charges, choose �To pay in local currency�       At an ATM     If you choose to withdraw cash from an ATM through your Debit Card, you will get options such as: Case 1:   1) Accept without currency conversion 2) Accept with currency conversion   To avoid DCC charges, choose 'Accept without currency conversion' Case 2: Conversion to home/billing currency.   1) Yes 2) No   To avoid DCC charges, choose 'No'       Always make your international payments in local currency of country of travel to avoid excess surcharge. Sincerely, Amarjit Singh Walia Head - Consumer & Commercial Cards
	Disclaimer: There may be costs/charges associated with currency conversion levied by third party on Dynamic Currency Conversion ("DCC") transaction. Please apprise yourself and ascertain such costs/charges before providing confirmation for DCC transaction. ICICI Bank declares that it does not derive any direct or indirect benefit (save and except for charges for currency conversion from billing currency to active wallet currency). As DCC transaction request is initiated by the customer post customer's confirmation, ICICI Bank disclaims any liability for refund of any DCC transaction related charges. DCC is permitted in all acceptance environments where the customer has the opportunity to make a currency choice for their payment e.g. Point of Sale (POS), online and ATM. Terms and Conditions of ICICI Bank and third parties apply. ICICI Bank is not responsible for third party products, goods, services and offers.