If your credit card activates the "Foreign Currency Consumption Deposit in RMB" function, any of your foreign currency transactions will be automatically converted into RMB and debited (the conversion rate is the exchange rate on the day the transaction is entered). You only need to You just need to return the RMB according to the RMB bill. Truly realize "one card in hand, travel around the world"! Setting method: Log in to credit card online banking and click "Repayment Management" → "Automatic RMB Foreign Exchange Purchase" to activate. Warm reminder: 1. The RMB deposit function for foreign currency consumption will take effect immediately after it is activated. Your foreign currency consumption can be queried on the "RMB Unissued Bill" interface of online banking 2 working days after the transaction date. 2. Non-US dollar foreign currency transactions will be converted into US dollars by international credit card organizations first (during the above process, international organizations such as VISA and MasterCard will charge a foreign exchange conversion fee of 1.5). Our bank will convert the converted U.S. dollar amount into RMB based on the exchange rate on the day of accounting (China Merchants Bank’s U.S. dollar selling price announced after 10:00 that day), and record it in the RMB bill. If your credit card does not have the "RMB deposit for foreign currency consumption" function enabled and a U.S. dollar bill is generated, you can use RMB to repay the U.S. dollar bill (foreign exchange purchase repayment): ① After the credit card sets up the "automatic foreign exchange purchase repayment" function successfully, the U.S. dollar bills you generate The bill can be repaid in RMB on the repayment date. The RMB amount deposited in your credit card will be given priority to purchase foreign exchange to repay the U.S. dollar bill (no fees are required for foreign exchange purchase and repayment settings). The foreign exchange purchase exchange rate will be based on our bank’s U.S. dollar selling price on the day of repayment. Exchange rates announced at 10am. This function does not occupy the personal annual foreign exchange settlement and sales quota; ②According to foreign exchange management regulations, the amount of foreign exchange purchase cannot be higher than the current US dollar bill amount, and the unbilled portion cannot be purchased for repayment; ③If you have set up the foreign exchange purchase and repayment function at the same time For the "automatic repayment" of the US dollar account, your RMB repayment will be given priority to purchase foreign exchange to repay the US dollar bill. The difference between the self-deduction amount (full or minimum) set for the current period of your US dollar bill and the agreed foreign exchange purchase amount will be repaid. Debited from your designated USD automatic repayment account. If you cannot repay in U.S. dollars for RMB consumption, you can also use U.S. dollars to pay U.S. dollar bills: 1. Debit card U.S. dollar transfer repayment: Available repayment methods include our bank's online banking repayment, mobile repayment and telephone repayment. 2. US dollar cash repayment at business outlets: US dollar cash repayment is available at all our business outlets (except Hong Kong). As long as you provide your credit card number, anyone can repay your credit card (the repayer must show their ID card).