Mbb2amex linked paypal charged me rm3.062 for us1 on 11th May (transaction date) posted date is 13th.

Posting date/Transaction date/Description/Foreign currency/Local currency/Debit/Credit/Debit Credit
17-May-2011 14-May-2011 PAYPAL USA US US$52.37 RM162.24 RM3.099/USD wawasan sentasa 3.035 on 17th
13-May-2011 11-May-2011 PAYPAL USA US US$77.80 RM238.19 RM3.062/USD wawasan sentasa 3.010 on 13th 2.99 om 11th.

M2Amex linked Paypal account.

If I were to compare wawasan rates against Amex rate, I should compare the posting date or the transaction date ?

Using OCBC TITANIUM Mastercard
- transaction date : 03 June 2011
- amount charged in foreign currency : GBP 1000
- amount posted on 04 June 2011 : RM5,025.85
- final exchange rate : RM5.02585

https://www.mastercard.com/global/currencyc...sion/index.html
Settlement date at 02 June = RM4.9434
Settlement date at 03 June = RM4.9273

Wawasan Sentosa Selling at 03 June = RM4.99
Wawasan Sentosa Selling at 04 June = RM4.99

BNM Seling at 03 June = RM4.9282
BNM Seling at 03 June = RM4.9167 (Friday clsing)

Citibank DCA spot at 03 June = RM4.9273


Based on the Mastercard 03 June settlement rate, looks like the service charge is about 2%.

This post has been edited by aeiou228: Jun 5 2011, 11:53 AM

I think the final exchange rate is 100thb = 10.17rm

Using OCBC TITANIUM Mastercard
- transaction date : 08/10/2011
- amount charged in foreign currency : EUR703.00
- amount posted on 08/10/2011 : RM3,039.27
- final exchange rate : RM4.3233

https://www.mastercard.com/global/currencyc...sion/index.html
Settlement date 07/10/2011 = RM4.2385
Settlement date 10/10/2011 = RM4.2440

Wawasan Sentosa Selling at 08/10/2011 = na
Wawasan Sentosa Selling at 08/10/2011 = na

BNM Seling on 07/10/2011 = RM4.2443


Based on the Mastercard 07/10/2011 settlement rate, OCBC service charge is about 2%.