When a conversion is done by a credit or debit card payment processor or an ATM network, the fee is usually 1% of the amount of the transaction. This conversion charge is often added to the processor's foreign transaction fee, raising the total cost to between 2% and 3%.
Overseas ATM withdrawal
You could occasionally be asked if you would prefer to be billed in a currency other than the one you are attempting to transact in by an ATM or card terminal. For instance, a UK ATM can offer to pay you in MYR even if it gives you cash in GBP.
You should always choose to be charged in the native currency of the nation you are in to guarantee you always get the greatest deals.
Online Transactions
Likewise, before completing the final checkout and payment, be sure you have chosen the currency you want to use for payments in the online platform payment settings.
Otherwise, the platform will often take the lead from the user's home country or the nation where the card was issued and MYR charges were made.