This might be a silly question but does it matter if we book our hotel showing the CHF price instead of US dollars?
Posted by
Freedonia
19103 posts
Always pay/book in the local currency. Your bank or credit card will give a better exchange rate than any hotel/restaurant/store will.
It's called Dynamic Currency Conversion.
Posted by
Eastern Iowa, USA
9435 posts
The exception might be with a site like Booking.com, they charge you in the current rate without DCC, and disclose the cost, if any.
From there, the question is pay now in USD, vs CHF for a transaction 3, 6, or 9 months from now. At that point you are into currency speculation, which few ever "win". I suppose it comes down to if the price seems right, pay it and never look back, as long as there are no additional charges.
Posted by
OP
72 posts
Thank you, just checking if I understood that correctly.