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Vu
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USD exchange rate

Posted by Vu Vu
Message 1 of 3 451 Views

Hi, currently I’m travelling in USA and have made a few tranascations with a BankWest Platinum credit card which has no foreign exchange  fees.

Looking at my transactions, I’m shocked by the exchange rate, that is, it fluctuates significantly, buying as low as .38 to .62 between transactions. Can someone please explain what’s going on here. 

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Vu
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Re: USD exchange rate

Posted by Vu Vu
Message 2 of 3 448 Views

Hold that thought, it appears one of the transactions is holding an extra $200 which I didn’t account for in the exchange rate. Hence no issues with the exchange rate.

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Re: USD exchange rate

Posted by DanaeC DanaeC
Message 3 of 3 432 Views

Hey there @Vu, thanks for reaching out.

Glad to hear you've got this sorted - though if it is of interest to you, take a look at the breakdown of how international transactions are processed here.

I hope this helps!

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