Our banks adds their commission over Visa/MC one. Always. And additional commission for "foreign" ATM, typical. Even if your Visa is in USD / MC is in Euro and not native currency.
I don't know how is it work, but I see such transactions in bank's online service as "Transaction Amount: xxx.yy AMD, In account currency: zzz.qq USD" and when you divide one by the other you get something like 5-7% difference with FOREX exchange rate (of course, not to you side!).
If your card is in native currency, it is even worse, as there is double-conversion via system currency (USD in case of Visa, EUR in case of MC).
I don't know, why our banks have their own exchange rates and not Visa/MC rates and how Visa/MC allows this.
I don't know how is it work, but I see such transactions in bank's online service as "Transaction Amount: xxx.yy AMD, In account currency: zzz.qq USD" and when you divide one by the other you get something like 5-7% difference with FOREX exchange rate (of course, not to you side!).
If your card is in native currency, it is even worse, as there is double-conversion via system currency (USD in case of Visa, EUR in case of MC).
I don't know, why our banks have their own exchange rates and not Visa/MC rates and how Visa/MC allows this.