Currency conversions for non-euro card transactions
When effecting card transactions in the European Economic Area (EEA) countries which have not adopted the Euro currency, a choice to pay in either Euro or in the currency of the retailer/ATM may be prompted. Should you choose to pay in Euro, the currency conversion is carried out by the respective merchant/ATM operator at a fee.
Should you opt to pay/withdraw in the local currency of the country, the conversion is carried out by the respective card scheme (Mastercard or Visa). This includes a currency conversion fee.
Mastercard and Visa convert transactions into Euro using the exchange rate of the processing date, which is normally a working day after the transaction date and therefore the actual percentage mark-up could differ from the transaction day’s European Central Bank (ECB) rate.
The below table is an indicative percentage mark-up when using your Lombard Bank Debit Card or Credit Card in an EEA country. The percentage rate may vary depending on the time of the transaction and the day the transaction is processed. This means that the actual percentage mark-up could be higher or lower than the rate published in the table below.
|
|
Visa Credit Card
|
Visa Debit Card
|
Mastercard Credit Card
|
Mastercard Debit Card
|
|
Bulgarian Lev (BGN)
|
3.27%
|
N/A
|
3.26%
|
3.26%
|
|
Czech Koruna (CZK)
|
3.28%
|
N/A
|
3.37%
|
3.37%
|
|
Danish Krone (DKK)
|
3.25%
|
N/A
|
3.25%
|
3.25%
|
|
Hungarian Forint (HUF)
|
2.92%
|
N/A
|
3.50%
|
3.50%
|
|
Icelandic Krona (ISK)
|
2.95%
|
N/A
|
2.96%
|
2.96%
|
|
Swiss Franc (CHF)
|
3.17%
|
N/A
|
3.33%
|
3.33%
|
|
Norwegian Krone (NOK)
|
4.05%
|
N/A
|
3.53%
|
3.53%
|
|
Polish Zloty (PLN)
|
4.26%
|
N/A
|
3.68%
|
3.68%
|
|
Romanian Leu (RON)
|
3.34%
|
N/A
|
3.34%
|
3.34%
|
|
Swedish Krona (SEK)
|
4.21%
|
N/A
|
3.72%
|
3.72%
|
Last Updated: 18/04/2024