setting way: log in to credit card online banking, and click "repayment management" → "purchase foreign exchange for repayment". You can also check the "automatic purchase of foreign exchange" function on the application form when you apply for a card.
Tips:
1. If the foreign currency transaction is not US dollars, it will be converted into US dollars by the international credit card organization and recorded in the US dollar bill. (in the above process, international organizations such as VISA and MasterCard will charge 1.5% foreign exchange handling fee)
2. The amount of foreign exchange purchased in the current period cannot exceed the amount of the current US dollar bill, and the exchange rate for foreign exchange purchase is the selling price of China Merchants Bank in US dollars announced after 1: on the repayment day.
3. if you set the function of purchasing foreign exchange for repayment of US dollar bill and the function of "automatic repayment" of US dollar account at the same time, your RMB repayment will give priority to purchasing foreign exchange to repay your US dollar bill, and the difference between the self-deduction amount (full or minimum) set in your US dollar bill in this period and the agreed amount of purchasing foreign exchange will be deducted from your designated US dollar automatic repayment account.
4. after the automatic purchase of foreign exchange is set up successfully, if the cardholder fails to pay off the US dollar bill on the due repayment date, if there is RMB overpayment in your credit card, our bank will automatically deduct the corresponding amount from your RMB overpayment to purchase foreign exchange to repay your US dollar bill.
if you have any questions, please add enterprise QQ customer service 4825555 or WeChat to add public account "China Merchants Bank Credit Card Center" for detailed consultation.