If you use China Merchants Bank credit card abroad:
Overseas, you can choose the card swiping machine corresponding to the card swiping route according to the credit card organization logo on the credit card (such as VISA, MASTERCARD, JCB, American Express, UnionPay), and you don't need to open the card swiping function. UnionPay line credit card is directly settled in RMB; If you swipe your card on an international line, it will be settled in US dollars. Since the consumption outside the credit card will be settled in US dollars, if the consumption amount is not US dollars, there will be exchange fees between the two currencies. If you brush the UnionPay line or spend US dollars, there will be no settlement procedures.
The overseas use of one-card can be divided into two situations: ① The conversion exchange rate for overseas UnionPay line transactions is provided by UnionPay, generally taking the exchange rate announced on the actual trading day, the specific exchange rate value and detailed rules. It is recommended to call UnionPay at 955 16 for consultation. ② Overseas VISA or MasterCard quota transactions shall be converted into US dollars at the exchange rate specified by VISA or MasterCard on that day for settlement.
The foreign currency settlement exchange rate for overseas transactions of credit cards is generally the exchange rate on the processing day of the international organization system, which is usually the exchange rate on the day before the' bookkeeping date' in the bill, subject to the records of the international organization system. The exchange rate is provided by international organizations and may be different from the market announcement.
If you have any questions about other CMB credit cards, please search for "4008205555" among QQ corporate friends and add "CMB Credit Card Center" as your friend; Or search for "cmb4008205555" on WeChat, and pay attention to "China Merchants Bank Credit Card Center" for consultation. Thank you for your attention and support to China Merchants Bank!