TERMIUM Plus®

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CROSS BORDER ASSESSMENT FEE [1 record]

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Record 1 2012-04-03

English

Subject field(s)
  • Banking
CONT

In 2005, both VISA and MasterCard implemented additional fees for purchases made outside a credit card's country of origin known as a "cross-border assessment" or "foreign transaction charge": these fees are a percentage of the original dollar amount of the sale that is then charged in addition to the sale amount. These fees are often shown as a separate line on a customer statement following the original charge.

French

Domaine(s)
  • Banque
CONT

Les frais d'évaluation de MasterCard de 0,064 % et les frais d'évaluation transfrontaliers MasterCard sont de 0,30 %.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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