How much cross-border fee do credit card companies charge?

[Good-Person]

Using credit cards is one of the main aspects of finance. There are many people who use such kinds of cards. This is why they may also try to use credit card when they travel to other countries. So, when it comes to using credit cards in a different country, how much cross-border fees do credit card companies charge?

 

[Kane]

I think this depends on country to country. I believe the fees are determined by the central bank and the credit card companies. I am no expert in this matter but I have friends working in banks and I hear that they charge between 1-3 USD per cross boarder transaction.