Foreign Exchange Rate
When I pay abroad (non €) with EUR on Binance card does any fee applies or it is only Visa Exchange Rate used? Thank you.
When I pay abroad (non €) with EUR on Binance card does any fee applies or it is only Visa Exchange Rate used? Thank you.
Hey-hey!
The card is denominated in Euro. If you make a purchase or an ATM withdrawal in any other currency, it will convert the Euro amount using the exchange rate set by Visa on the day they process the transaction. Please note that this rate may differ from the one on the actual date of the transaction.
The exchange rates are applied by third parties in the payment network, but are usually lower than the fees applied by banks.
We are always here and in our live chat (binance.com/en/chat). If you have more questions or problems, just drop us a message!
^OH