You need to use China Merchants Bank Mastercard to spend 56,800 yen on a Japanese website. How much is the handling fee based on the exchange rate of the day? How much will be charged by the credit ca

The foreign exchange handling fee for China Merchants Bank Mastercard credit card shall be settled at 1.5% of the settlement amount.

Based on Mastercard’s exchange rate of 1 US dollar = 94.18 on 22-Mar-2013, for reference calculation,

56,800 yen is converted into US dollars = 56,800/94.18 = 603.10 US dollars

Handling fee=603.10*1.5=USD 9.04

Credit card deduction=USD 603.10 9.04=USD 612.15

The above answers are for your reference. I hope it will be helpful to you.

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