.
Results 1 to 12 of 12

Thread: What is Service Assessment Fee

  1. #1
    Join Date
    Feb 2020
    Location
    United States of America, Pennsylvania, New Holland
    Posts
    42
     

    Default What is Service Assessment Fee

    After purchasing a standalone copy of Trainz for $69.00, I just today see a notation in my checking account "TRAINZPORT 02-26 4029357733 8313 INT'L SERVICE ASSESSMENT FEE". What the heck is that?

  2. #2
    Join Date
    Nov 2006
    Location
    United States of America, Massachusetts, Haverhill
    Posts
    27,121
     

    Default

    Quote Originally Posted by pequeajim View Post
    After purchasing a standalone copy of Trainz for $69.00, I just today see a notation in my checking account "TRAINZPORT 02-26 4029357733 8313 INT'L SERVICE ASSESSMENT FEE". What the heck is that?
    Bank fee for international transactions. Some credit card companies and banks are better than others.
    John
    Trainz User Since: 12-2003
    Trainz User ID: 124863
    T:ANE Build: 94829
    TRS2019/Trainz-PLUS: 105100

  3. #3
    Join Date
    Nov 2008
    Location
    Crewe, Cheshire, UK
    Posts
    15,995
     

    Default

    Having Googled it, Probably need to take it up with the bank or card provider. Appears to be related to making a payment in a different country to where the card or bank is based.
    Malc


  4. #4
    Join Date
    Feb 2020
    Location
    United States of America, Pennsylvania, New Holland
    Posts
    42
     

    Default Ok, thanks

    Quote Originally Posted by clam1952 View Post
    Having Googled it, Probably need to take it up with the bank or card provider. Appears to be related to making a payment in a different country to where the card or bank is based.
    OK, thanks. I will do that. I just wanted to make sure it was not some hidden Trainz fee that I wasn't aware of...

  5. #5
    Join Date
    Nov 2006
    Location
    United States of America, Ohio
    Posts
    4,073
     

    Default

    My credit union does this every time I order something from either Australia or Germany. It's basically a scam as it doesn't involve "real" money. It's only ones and zeroes stored in a computer, yet they seem to think a "handling fee" is involved for the few nanoseconds it takes to do the transaction.

    Bill
    Name: Bill (USN, Retired) Into computers over 55 years
    User ID: 202442
    Trainzer since: 2003
    Currently using: T:ANE (SP4)

  6. #6
    Join Date
    Jul 2009
    Location
    Portland, Oregon USA
    Posts
    509
     

    Default

    Good luck fighting that fee. I routinely buy things from both Canada (prescription meds) and Australia (N3V FCTs and software) priced IN US DOLLARS and get charged a foreign transaction fee. Be sure to let us know if you are successful in getting the fee waived.
    Last edited by schweitzerdude; March 3rd, 2020 at 11:45 AM.

  7. #7
    Join Date
    Jun 2011
    Location
    United States of America, Wisconsin, Wisc Rapids
    Posts
    1,441
    Blog Entries
    2
     

    Default

    I pay through PayPal, and I haven't seen any international conversion fees showing up, and the 2nd part is, my bank will block international purchases, so PP is the only way to get around it.
    But yeah I really don't understand why a conversion fee is needed byside having to pay an additional fee on top of the base price...

    Cheers

    NARM's site^

    My personal site: https://hiawathamr.weebly.com/​

  8. #8
    Join Date
    Nov 2006
    Location
    United States of America, Ohio
    Posts
    4,073
     

    Default

    You won't see any Paypal fees because it isn't "international". Paypal accepts your credit card for the country in which it is issued and, as far as your card and issuer is concerned, you've made a payment in the US even though you may have purchased something from out of country.

    Bill
    Name: Bill (USN, Retired) Into computers over 55 years
    User ID: 202442
    Trainzer since: 2003
    Currently using: T:ANE (SP4)

  9. #9
    Join Date
    Nov 2006
    Location
    United States of America, Alabama, Birmingham
    Posts
    3,065
     

    Default

    Here let me Google that for you.

    https://tidalcommerce.com/learn/isa-fee

    William

  10. #10
    Join Date
    Nov 2006
    Location
    United States of America, California, Port Hueneme
    Posts
    1,907
     

    Default

    In another word, it is a way for them to take more of your money, in their view, legally. Depending on the amount you transfer is better to use PayPal. You have to calculate what is more cost efficient for your pocket based on fix bank charge versus percentage on dollar amounts.

  11. #11
    Join Date
    Feb 2020
    Location
    United States of America, Pennsylvania, New Holland
    Posts
    42
     

    Default Thanks

    Quote Originally Posted by wreeder View Post
    Here let me Google that for you.

    https://tidalcommerce.com/learn/isa-fee

    William

    Thanks, that was VERY educational. I'll call my bank. At least I'll be a little more educated on the topic.

  12. #12
    Join Date
    Nov 2006
    Location
    United States of America, Massachusetts, Haverhill
    Posts
    27,121
     

    Default

    I received a credit card offer from a big bank today, which i tossed into the garbage because I have no interest in a credit card, but before I did that I took a look at the terms and conditions spelled out in the small flyer they put in for credit rates and fees. I was curious what the charges are for international purchases. The bank had a gazillion fees on this card, in addition to an awful interest rate. Among the fees charged was that transaction fee for international purchases. The fee was something like 3% or 4% of the item cost, not counting any import taxes that could be applicable to the purchase.

    I once had an account with Fleet Bank who I referred to as the enema bank. They fleeted fees out of my account just for having it open. Their fees included such things as a paper statement fee even though this was before online banking existed, that was applied to all accounts below $5,000. There were other things too in there that were annoying and they sold my bank branch to another entity in a couple of months before I had a chance to change banks myself. No loss!

    As I said some banks are better than others.
    John
    Trainz User Since: 12-2003
    Trainz User ID: 124863
    T:ANE Build: 94829
    TRS2019/Trainz-PLUS: 105100

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •