Ebay processes their billing overseas and as such, and this has only been introduced recently, banks are charging their 3% FX fee on such transactions.

Even though the billing amount is AUD denominated, as the charge emanates from overseas the fee is charged.  For heavy eBay sellers this can amount to a fair slug every month.

Yet another way the banks have found to rip off the consumer.

Way around the problem is to direct the monthly billing to a card that does not charge international transaction fees.  There are several on issue - we use 28 Degrees.