Just noticed that CBA calls the foreign currency conversion fee the international transcation fee and charges this even if the transaction is made in AUD but overseas. Is this right? I thought other banks wouldn't charge this fee as long as the transaction is made in AUD as there was no currency conversion to start with. Is this legal? Many overseas merchants now have the ability to convert the currency at their end so that cardholders can lock in current exchange rate. CBA then still charging this has no base to stand on. Others thoughts?