Maybankard Cherry Visa
Transaction date : 24 Aug 2012
Posted date : 26 Aug 2012
Amount charged in foreign currency : TWD 867.00
Amount billed in MYR : RM 90.77
Final exchange rate : TWD100 = RM 10.47
VISA Exchange Rate on 26 Aug 2012 is TWD100 = RM10.34

PBB D2D
Transaction date : 26 Aug 2012
Posted date : 28 Aug 2012
Amount charged in foreign currency : TWD 506
Amount billed in MYR : RM 52.98
Final exchange rate : TWD100 = RM10.47
VISA Exchange Rate on 28 Aug 2012 is TWD100 = RM 10.40

Refer to 1st page, there is a link for the Exchange rate estimator

yes, pls use posting date

Basically since Aug-01 it has been observed that MBB now charges much higher exchange rate fees and prior to that it was 1.25% above the rate @ posting date (modelled from data mining) and not 1%.

Visa rate on Sep-9 = 3.308000 (I believe this rates is inclusive of the transaction fees)
I got the rates from the link :- http://corporate.visa.com/pd/consumer_services/consumer_ex_rates.jsp
MBB rate  = 3.3826 (This rates from MBB Selling TT rite?)


Effective new MBB charge = 2.25%

Edit: Typo - rate should be 2.25%

=(3.38262360158787-3.308)/3.308

hi guys
is it better to use cash(enough for non CC service) + MC at US or all cash at US

is 15th Oct your posting date ?

Wait for posting date. The rate is determined by the visa rate on posting date....

check the visa rate from here: https://usa.visa.com/support/consumer/trave...calculator.html

if we look at your transaction posted on the 17/10/16, i presume it's for usd, and usd7.94 was converted as myr34.20...

a myr cc paying in usd is charged by visa (17/10) at 4.221578.

on the same day, a usd cc paying in myr is charged 0.238526, or a usd/myr rate of 4.192415....the median rate is thus 4.206997....giving a spread of 0.3466% both ways...that's visa's "profit"...

you were charged myr34.20, and that gives a rate of 4.307305...

calculating based on visa given conversion rate, the extra you paid is (4.307305-4.221578)....divide by the visa rate, gives you 2.03%....that's what the bank charges....

calculating based on visa median rate (ie the REAL rate on that day). you get 2.36%....that's the REAL extra charges imposed, by all parties involved...