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Does Global Blue charge a fee?

The debit fee will be 5% of the full VAT amount or 15% of the refund amount, as applicable. 7. The goods described on the TFS Form must match the goods that you have purchased and which will be exported out of the country of purchase.

How does Global Blue make money?

The company is best known for tax-free shopping, a VAT/GST refund product and also operates in dynamic currency conversion, marketing services, point-of-sale technology, retail staff education, and customer intelligence. It is the industry leader for providing tax refunds, with Planet as its closest competitor.

Does Global Blue take a percentage?

The Global Blue conversion rate is based on the we sell rate of a recognized European Retail Bank plus 3 to 5 %.

Is Global Blue real?

Global Blue is a tourism shopping tax refund company headquartered in Nyon, Switzerland. The company is best known for tax-free shopping, a VAT/GST refund product and also operates in dynamic currency conversion, marketing services, point-of-sale technology, retail staff education, and customer intelligence.

Why did Global Blue charge me?

Global Blue applies a currency conversion fee in cases where you opt for a non - cash refund (bank account / credit card / bank cheque) in a currency different from that in which your Tax Free Form is issued.

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