steam - getting a cross border fee when purchasing games

C

chrisGolf

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Hi,

I'm checking my bank account statement and I see I'm getting a cross border fee for my steam purchases?
I'm not using a VPN, my account is in SA with Rand value.
I see the same is happening with EPIC.

Is this just my bank, or anyone else seeing the same thing?

(Apologies is there is another thread that address this, I did a quick search and found something similar regarding G2A)

Kind Regards,
Chris
 
Been a while now.

All international transactions has a fee now. FNB.
 
chrisGolf said:
Hi,

I'm checking my bank account statement and I see I'm getting a cross border fee for my steam purchases?
I'm not using a VPN, my account is in SA with Rand value.
I see the same is happening with EPIC.

Is this just my bank, or anyone else seeing the same thing?

(Apologies is there is another thread that address this, I did a quick search and found something similar regarding G2A)

Kind Regards,
Chris
Click to expand...
Move on over to Capitec. It's just R3 with them. Also this has been going on for years now.
 
chrisGolf said:
Hi,

I'm checking my bank account statement and I see I'm getting a cross border fee for my steam purchases?
I'm not using a VPN, my account is in SA with Rand value
Click to expand...

Yeah it's been like a year or 2 now

I get hit with between R6 and R20 depending on the payment.

Annoying that is only comes through like 4 days later though
 
Acinixys said:
Yeah it's been like a year or 2 now

I get hit with between R6 and R20 depending on the payment.

Annoying that is only comes through like 4 days later though
Click to expand...
Sadly we can't use google pay's voucher amount to make payments otherwise places like greenmangaming would have been great for that. So when you buy from there remember to factor in the fee with the discount.
 
Many banks seem to have added this, not sure if its a law change or just them finding another way to charge customers.
 
chrisGolf said:
SARS already gets the VAT from our purchases? the additional fees seem to be banks being greedy ?
Click to expand...
More precisely it is not vat/tax but conversion rates and or other fees. Even though they charge us in "zar" it is still foreign currency, conversion and "effort" applies. That is why you pay the added 2-5% which normally was done by the banks themselves.

ps. vat is not 2-5% nor is tax. please update loops. see #19
 
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