Foreign exchange handling fee refers to the difference between two kinds of foreign exchange. In fact, banks benefit from the exchange of any two currencies, and the difference between the buying price and the selling price hides the profits of banks.

The foreign exchange handling fee (foreign currency designated by the account) is charged according to the relevant regulations of the international credit card organization, which is generally 0.5% of the transaction amount of 65438+.

Banks charge a certain exchange fee for the exchange between foreign currency and local currency and between foreign currency and foreign currency. Moreover, banks charge according to the "cash buying price" rather than the "foreign exchange selling price". The price of the former is much lower than the price of the latter, and depositors will suffer certain losses, and sometimes exchange losses will even exceed the difference income of interest.