after the function of "foreign currency consumption in RMB" is enabled, any foreign currency transaction of yours will be automatically converted into RMB (the conversion exchange rate is the exchange rate on the entry date of the transaction), and you only need to return RMB according to the RMB bill. Really realize "one card in hand, travel around the world"!
setting way: log in to credit card online banking, and click "repayment management" → "RMB automatic foreign exchange purchase" to open it.
Tips:
1. Foreign currency consumption will take effect in real time after the RMB entry function is enabled. Your foreign currency consumption can be queried in the online banking-RMB Unbilled interface 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 (in the above process, international organizations such as VISA and MasterCard will charge 1.5% foreign exchange handling fee). Our bank will convert the converted USD amount into RMB according to the exchange rate on the day of bookkeeping (the USD selling price of China Merchants Bank announced after 1: on that day) and record it in RMB 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.