I did an online transaction with Kaspersky anti virus to purchase license key and my final charges was 10,478.99 naira grand total.

But to my surprise I received an alert debit of 13,622.68 naira from Stanbic IBTC as against 10,478.99 that I was charged by kaspersky.

Then immediately I wrote Stanbic IBTC. This their response

"Thank you for your feedback and we regret the inconvenience occasioned by this experience.

Please be informed that the discrepancy in the amount debited was due to the mode of payment DCC Dynamic Currency Conversion (DCC) ) set on the merchant’s site.

Where payment sent to the bank at a rate other than the one set on our cards, to this end the bank sent several communications to customer advising them to the make payment in the merchant currency not in naira.

We hope this clarifies.

Thank you for your understanding."

Both the bank and Kaspersky mislead me. But if it was to be in Dollar, I will be more cautious, but now I have been duped.
Please admin help push to front page for people to learn about this new fraudulent practice from Stanbic IBTC.