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Overseas Fees feature

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An ATM cash point machine in Madrid
A woman at an ATM cash point machine at a branch of the Bankia bank in Madrid, Spain Source: AAP

Many of us get hit by expensive transaction fees when travelling overseas.

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By Sri Dean, Ricardo Gonçalves

Source: SBS

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Many of us get hit by expensive transaction fees when travelling overseas.

Are the fees we pay for credit card and ATM transactions when we travel overseas excessive?  Is action being taken to make the market in this area more competitive? Currently can we avoid the transaction fees?

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