Who wants to start a Class Action Lawsuit against Standard Bank for their "Intl. Trans Fee"?

Look out for Standard Bank's "| Intl. Trans Fee" on your statement. They will say this is a "transaction amount for any purchases and cash withdrawals done at merchants/stores/service providers located outside of South Africa"

How can they start a new fee, without letting client's know? How can they charge a fee, when the Merchant pays the currency conversion? How can they charge a fee, when the invoice is in Rands?

And why was I not notified?

According to my records, the "| Intl. Trans Fee" started being charged in Nov 2017. Prior to this, no fees.

My invoices from Google are in Rands, and for R5,000... ********** 3 -5,000 GOOGLE *ADWS ********** 440 ********** 4 -5,000 GOOGLE*ADWS ********** 440 ********** 4 -5,137.50 GOOGLE *ADWS ********** ********** 1227 -5,137.50 Google *Adws ********** 440 ********** 6 -5,137.50 Google *Adws ********** 440 ********** 6 -5,137.50 Google *Adws ********** 440 ********** 7 -5,000.00 Google *Adws ********** 440 ********** 7 -137.50 | Intl. Trans Fee

2. Google Invoices in Rands. So they receive Rands. Therefore there is no fee applicable to the consumer. Google (the Merchant) would pay a fee to convert to $ if the money was going into an offs**** account.

3. For some of the invoices with "International Transaction Fee" (like Apple Music) they invoice in Rands, even has SA VAT.

I presume there are thousands of people who are being charged the "Intl. Trans Fee" by Standard Bank. Standard Bank's argument does not make sense. Just because the company invoicing has a head office in a foreign country, doesn't mean that there is any "International Transaction Fee" to pay.

If these payments had been originated in a foreign currency, and converted to Rands, then I could understand. But they are not. These are payment in Rands, with no reference to a USD or GBP amount.

Here is the Apple iTunes example: Apple iTunes invoice me for R479.99 monthly for my Premium LinkedIn Subscription. The have invoiced in Rands. The have included VAT. They have included their SA VAT Reg number.

There is no way I should be paying for this currency conversion. 16 Apr 18 Itunes.com/bill 479.99 16 Apr 18 | Intl. Trans Fee 13.20 The currency conversion (if any takes place) is for the Merchant's account.

Smacks of a good money making racket to me. Let's get a group together and start a Class Action Lawsuit.