Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Card Foreign Exchange Rate
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 Mar 3 2015, 05:17 PM
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#1
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Senior Member
6,354 posts Joined: Jan 2003 
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AEON Watami Visa CC
Transaction Date: 22-Feb-2015 Posting Date: 25-Feb-2015 Transaction amount: ¥272,584 JPY Amount charged: 8452.98 MYR Visa rate 1 JPY = 0.030895 MYR Visa rate @ 0% fee = MYR8421.48268 AEON fee = 0.374011574883391% This post has been edited by Jason: Mar 3 2015, 05:18 PM |
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Mar 16 2015, 03:55 PM
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#2
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(jchong @ Mar 3 2015, 09:36 PM) Hi, is your calculation above correct? Thanks for pointing out, I used transaction date for the exchange rate rather than posting date. Which is incorrect.I just checked on Visa's website and the JPY exchange rate on 25/2 (posting date) was 0.030649. Using this figure the AEON surcharge is 1.18% not 0.37%.  AEON Watami CC Transaction Date: 03 Mac 2015 Posting Date : 05 Mac 2015 Transaction Amount : JPY64400 Amount Charged : RM1984.15 Txn rate charged by bank: 1 JPY = 0.0308097826086957 MYR Visa txn rate: 1 JPY = 0.030496 MYR Fee: ~1.02% |
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