What is the "Dynamic Currency Conversion at ATMs" scam in Cairns?

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ATMs in the Cairns CBD and along the Esplanade frequently prompt overseas card holders to accept a pre-converted rate in their home currency rather than Australian dollars. The displayed exchange rate typically includes a 3–6% margin above the mid-market rate, costing travellers significantly more than using their own bank's conversion. Always select "Pay in AUD" or "Decline conversion" when prompted at an ATM. Let your own bank handle the conversion, as their rates and fees are almost always better than the ATM operator's rate.

Money & ATM Scams in Cairns

Dynamic Currency Conversion at ATMs

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