Currently, I start up an EC site to sell export products from Japan for US customers, and I have a question.
For various reasons, I would like to charge customers in JPY basis.
At the same time, I would like to present a back-calculated USD price in our website.
The USD price we present is preferable as fairly precise as possible to the actual price of customer's credit statement.
To do so, I plan to declare we refer the most recent rate by Visa-USA exchange calculator,http://usa.visa.com/personal/card-benef ... ulator.jsp
Enter Bank Fee (0 - 5%): ?? %
Your bank may or may not assess foreign transaction fees on crossborder transactions.
Select a Date
Calculate Exchange Rates
Rates apply to the date the transaction was processed by Visa; this may differ from the actual date of the transaction.
And here, I am not sure how many % for Bank-Fee(Foreign Transaction Fee) is the most fair to be assumed for the majority of our customers.
Obviously, 0% is the cheapest and preferable for both sellers and buyers, however, in reality, in these days, 0% is too optimistic, and I feel lack of honesty to assume as a seller.
How much would you say is the `typical` or `average` for Bank-Fee(Foreign Transaction Fee)?
Thanks for your opinion.