May 16
Gaspard asked:
I know that many credit cards can add a 2-3% surcharge for using a credit card overseas, but that rate is the charge the currency conversion? Take the market share the exact time of the transaction or use the share market at the end of the Business Day? Or they use a rate determined each morning and posted on the Web site of the bank's sponsorship – which it 's more? best to check their rates before the manufacture of purchase.
I know that many credit cards can add a 2-3% surcharge for using a credit card overseas, but that rate is the charge the currency conversion? Take the market share the exact time of the transaction or use the share market at the end of the Business Day? Or they use a rate determined each morning and posted on the Web site of the bank's sponsorship – which it 's more? best to check their rates before the manufacture of purchase.
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Tags: Business Day, Credit Card, Credit Cards, Currency Conversion, Exact Time, Exchange Rate, Surcharge
One Response to “How do credit cards calculate the exchange rate?”
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May 16th, 2009 at 6:56 pm
The date of the date of the transaction plus their procesing fee.
The date of the date of the date of the date of the transaction plus their procesing fee.