When using Dynamic Currency Conversion (DCC), the merchant applies their own currency conversion rate, which is often higher than the market rate. This means that users may end up paying a higher overall charge.
In simple terms, when prompted or asked if you want to ‘Pay in INR’ or ‘Pay in the local foreign currency’ — always choose the foreign currency option if you need a forex refund. Why? By choosing Forex processing instead of DCC, Fi-Federal Debit Card users enjoy competitive market rates and zero forex charges on eligible plans, making international transactions more cost-effective.

Please note that benefits and eligibility depend on your account plan. For more details, please refer to Plans and Benefits.