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Does China Merchants Bank charge foreign exchange fees for all-currency cards?
Hello, if you are referring to the overseas use of our credit card, you can choose the corresponding credit card swiping machine overseas according to the credit card organization logo (such as VISA, MASTERCARD, JCB, American Express, UnionPay) on the credit card, without opening the credit card swiping function. UnionPay line credit card is directly settled in RMB; If you swipe your card on an international line, it will be settled in US dollars. Since the consumption outside the credit card will be settled in US dollars, if the consumption amount is not US dollars, there will be exchange fees between the two currencies. If you brush the UnionPay line or spend US dollars, there will be no settlement procedures.