Yes. Effective 25 April 2024, a 1% overseas transaction conversion fee will be included in the daily exchange rate of your travel destination. The sum that you’re paying from the effective date is inclusive of this charge. The overseas transaction conversion fee is a market practise that is typically charged between 1% and 3% by banks and financial institutions. Despite the conversion fee, TNG eWallet Overseas QR Payment is still among the cheapest overseas payment options in the market.