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Purchasing forign currecies

Posted by 17962223 17962223
Message 1 of 3 316 Views

Is purchasing currency via BPay with credit card a cash advance or not

 

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Re: Purchasing forign currecies

Posted by DanaeC DanaeC
Message 2 of 3 312 Views

Hi @17962223, thanks for your enquiry. Whilst using your credit card to obtain cash - including the ordering of foreign currency - is generally classed as a cash advance, most BPAY transactions are not. For this reason, we are having more of a look into this for you, and will let you know the answer as soon as possible. Thanks!

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Re: Purchasing forign currecies

Posted by DanaeC DanaeC
Message 3 of 3 295 Views

Hi @17962223, thanks for your patience with this one. We have received confirmation that purchase of Foreign Currency would generally be counted as a Cash Advance when completed with a Credit Card, as you are receiving cash for this purchase. Hope this helps.

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