When you use your debit, credit or cash card abroad to make a purchase or a withdrawal from a cash machine, you may be offered the option to pay in local currency or pounds sterling. This calculator will help you understand how much your transaction could cost you when choosing to pay in local currency.
General information about using your Santander debit, credit or cash card abroad
You may be offered two options when using your card abroad to make a purchase or to withdraw money from a cash machine:
- Pay in local currency – we convert the amount to pounds sterling using the Visa or Mastercard daily exchange rates (subject to your card type) and may charge you a foreign currency conversion fee depending on the card you have.
- Pay in pounds sterling – the retailer/ foreign bank will handle the conversion and may charge you a fee.
When you use your card abroad and the retailer or cash machine provides you with the equivalent figure for paying in pounds sterling, you can compare it with the figures from this calculator to help you decide which option to take.
There may be other fees to consider that are not accounted for in the calculator. Please refer to your Key Facts Documents or to the General and Product Specific Terms and Conditions for specific fees that apply to your account.
This calculator is for illustrative purposes only based on the information you’ve entered.
Please refer to your Key Facts Documents or to the General and Product Specific Terms and Conditions for specific fees that apply to your account.
The exchange rate used for processing a transaction may differ from the rate that applied on the actual date of the transaction because exchange rates vary on a daily basis and transactions are not always processed on the day they occur. The exchange rate used when the transaction is processed and the amount of the transaction in pounds sterling after the application of the exchange rate will be detailed on your statement.
Personal customers can learn more by visiting the Travelling page on our website.
Business customers can learn more by visiting the International payments and travelling abroad page on our website.