ComBank enables Dynamic Currency Conversion at ATMs for foreign Visa cards

Friday, 1 November 2019 00:00 - - {{hitsCtrl.values.hits}}

The Commercial Bank of Ceylon has extended its Dynamic Currency Conversion (DCC) feature to foreign Visa card holders using the bank’s ATMs in Sri Lanka, enhancing transparency in the cash withdrawal process for travellers.

Commercial Bank is the only bank to offer this service in Sri Lanka to Visa card holders travelling to the country.

Dynamic Currency Conversion allows international travellers to withdraw Sri Lanka Rupees from Commercial Bank ATMs after viewing the exact amount that will get debited in their own currency. This enables cardholders to have a better understanding of the conversion of their home currency to the amount dispensed at the ATM. The exposure to exchange losses due to frequent exchange rate fluctuations could be eliminated by choosing the DCC option.

“We are delighted to extend our Dynamic Currency Conversion feature to a very important segment of travellers to Sri Lanka,” said Commercial Bank’s Card Centre Head Thusitha Suraweera. “This is a consumer-friendly service that is widely used and prompts significant repeat cardholder usage in countries where Dynamic Currency Conversion is allowed.”

The Dynamic Currency Conversion feature was already available to foreign Visa and Mastercard cardholders making payments at Commercial Bank Point-of-Sale (POS) terminals and to MasterCard users at the bank’s ATMs.

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