Nov 17 2012, 12:01 PM
QUOTE(vincentxiang @ Nov 17 2012, 11:28 AM)
Citi Clear Card
Transaction Date: Nov 14, 2012
Amount charged in USD: 200
Amount billed in MYR: 625.32
Final exchange rate: 3.1266
Exchange rate estimator : http://corporate.visa.com/pd/consumer_serv...er_ex_rates.jsp
Enter Bank Fee : 1% (as per post#1)
Date Requested : Nov 14, 2012
Final exchange rate: 3.096660
The generated result as below
[attachmentid=3160226][SIZE=14]
The result is not match
Does anyone know the reason? Could it be the bank fee not correct?
You actually save about RM0.21. Here's the calculations:Transaction Date: Nov 14, 2012
Amount charged in USD: 200
Amount billed in MYR: 625.32
Final exchange rate: 3.1266
Exchange rate estimator : http://corporate.visa.com/pd/consumer_serv...er_ex_rates.jsp
Enter Bank Fee : 1% (as per post#1)
Date Requested : Nov 14, 2012
Final exchange rate: 3.096660
The generated result as below
[attachmentid=3160226][SIZE=14]
The result is not match
Does anyone know the reason? Could it be the bank fee not correct?
Based on Visa's exchange rate, the retail amount: USD200 x 3.096660 = RM619.332
Including the 1% bank fee: 1% of RM619.332 = RM6.19332
Total amount that should have been billed = RM619.332 + RM6.19332 = RM625.52532
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