Steam question about paying...

[jak731]

Ok, i've bought a couple of games but i'm not sure what its charging me, as it always displays the price in dollars. I'm wondering if it does a direct conversion to pounds if it charges dollars to accounts which might make my bank smack a massive charge on me.

Any enlightenment on the issue welcomed

 

[Tombo]

think it does a direct conversion with 17.5% added for tax.

 

[jak731]

Thanks, pretty good with 1 UK£ = 1.9661 US$

 

[PhillyDee]

I have bought games before. It charges you in dollars, and your bank makes the conversion + fee (£1 for lloyds). That was when the orange box came out.

 

[jak731]

:s, might not buy anymore until I have checked what my bank charges then, thanks.

 

[RobH]

My bank doesn't charge anything for the conversion. I pre-ordered The Orange Box for $44.95 in September:

CARD 52.82 US ON 12SEP STEAM GAMES WWWSTEA EXCHANGE RATE 1.97458/$ £26.75

$44.95 * 1.175 (VAT) = $52.82
$52.82 / 1.97458 = 26.74

 

[PhillyDee]

Mine comes up as a seperate transaction with the quid added as an 'overseas transaction fee'.

 

[HeX]

HSBC here and no charge for me.

 

[waso_dude]

No charges here. Lloyds TSB.

 

[Serial45]

Tbh you will find that Credit card and bank card transactions give you excellent currently conversion rates with no charges. Much better than say getting foreign currency exchanged at a travel agents.
I tend to use my credit card a lot abroad.

 

[TheDean]

No charge RBS

 

[Jack Bauer]

no charge on barclays

 

[jak731]

I'm using the coop bank, can't find if they charge or not

EDIT: found this
Foreign transaction fee
Applied to any debit or credit card transaction in a currency other than Sterling.
2.75% of the value of the transaction

 

[RobH]

Wel I got charged when buying Euros from a travel agent but not when buying off Steam.