What is the "Papeete ATM Dynamic Currency Conversion" scam in Tahiti?

Question

Accepted Answer

ATMs in Papeete, including those near Place Vaiete and inside hotel lobbies in the Faa'a area, routinely present dynamic currency conversion prompts offering to charge your card in your home currency. The exchange rate applied is typically 5–8% worse than the interbank rate, representing a significant hidden fee on top of any ATM surcharge. The prompt is designed to look like the default or recommended option. Always choose to be charged in XPF (the local Pacific franc) rather than your home currency. Decline DCC at every ATM prompt regardless of how the option is worded. Use a card with no foreign transaction fees from your home bank.

Money & ATM Scams in Tahiti

Papeete ATM Dynamic Currency Conversion

Experienced a scam here?