Question 1: What does it mean to apply for a bank card and whether to purchase foreign exchange? It should be that if you use a dual-currency credit card to swipe foreign currency, it is recommended to choose whether to automatically purchase foreign exchange and repay.

Question 2: What is the credit card remittance purchase function? Hello, if you hold a credit card from our bank, after successfully setting up the "automatic remittance purchase and repayment" function, your U.S. dollar bills can be denominated in RMB. For repayment, the RMB amount deposited in the credit card will be given priority to purchase foreign exchange to repay the U.S. dollar bill (there is no need to pay any fees for foreign exchange purchase repayment settings). The foreign exchange purchase exchange rate shall be based on the exchange rate published by our bank at 10 a.m. on the day of repayment at the U.S. dollar selling price. For the amount of foreign exchange purchased, you can choose to purchase foreign exchange in full or with the minimum repayment amount (if you choose to purchase foreign exchange with the minimum amount, full interest will accrue because the bill is not paid off). Warm reminder: RMB consumption cannot be repaid in US dollars.

(You can consult online through QQ or WeChat about the China Merchants Bank credit card service information you want to know. Method 1: Search 4008205555 among QQ corporate friends, and add China Merchants Bank Credit Card Center as a friend; Method 2: In Search the number "cmb4008205555" on WeChat and follow China Merchants Bank Credit Card Center)

Question 3: What does full remittance purchase by credit card mean? Hello, if you have a credit card from our bank, when your foreign currency consumption has generated a US dollar bill After that, you can choose to activate the "USD bill purchase and repayment" function. After activation, your RMB repayments will be automatically converted into U.S. dollars by purchasing foreign exchange, and your U.S. dollar bills will be repaid first (the conversion exchange rate is the exchange rate on the day of your payment). Repayments after the U.S. dollar bills are paid off will continue to be repaid. Your RMB bill.

Setting method: Log in to credit card online banking and click "Repayment Management" → "Foreign Exchange Purchase and Repayment". You can also check the "automatic purchase of foreign exchange" function on the application form when applying for the card.

Warm reminder:

1. If it is a foreign currency transaction other than US dollars, it will be converted into US dollars by the international credit card organization and recorded in the US dollar bill. (During the above process, international organizations such as VISA and MasterCard will charge a foreign exchange conversion fee of 1.5)

2. The amount of foreign exchange purchased in the current period cannot exceed the amount of the U.S. dollar bill in the current period, and the exchange rate of foreign exchange purchased is 10:00 on the day of repayment. The USD selling price of China Merchants Bank announced later.

3. If you set up the function of purchasing foreign exchange for repayment of U.S. dollar bills and the "automatic repayment" function of the U.S. dollar account at the same time, then your RMB repayment will have priority in purchasing foreign exchange to repay your U.S. dollar bills. The difference between the self-deduction amount (full or minimum) set for the current period of the bill and the agreed foreign exchange purchase amount will be deducted from your designated US dollar automatic repayment account.

4. After the automatic foreign exchange purchase is successfully set up, if the cardholder fails to repay the US dollar bill in full on the due payment date, if there is an overpayment in RMB in your credit card, our bank will automatically The corresponding amount will be deducted from your RMB overpayment to purchase foreign exchange to repay your US dollar bill.

If you still have questions, please add corporate QQ customer service 4008205555 or add the public account "China Merchants Bank Credit Card Center" on WeChat for detailed consultation.

Question 4: What does the word Huigou mean? Remittance and shopping

I am happy to answer your question and hope you can adopt it

Question 5: Apply for Ping An Bank online When filling out the application materials for a credit card, one question is whether to purchase foreign exchange. What does purchasing foreign currency mean? When you consume foreign currency on the credit card repayment date, the bank will purchase foreign exchange for you and repay it according to the exchange rate of that day

Question 6: What does it mean if a Ping An Bank credit card does not purchase foreign exchange? When you spend foreign currency on the credit card repayment date, the bank will purchase foreign exchange for you according to the exchange rate of that day and repay it. Question 7: What does it mean if the credit card does not purchase foreign exchange? Check your card If it is a foreign currency card and there will be foreign currency consumption, just click it. Foreign exchange purchases with credit cards are generally free. There is only an overseas service fee for spending foreign currency overseas.

Question 8: What does purchasing foreign exchange mean when applying for a credit card? After using a foreign currency on a dual-currency card, you need to use RMB to purchase foreign currency for repayment at the exchange rate on the day of repayment. This process is called foreign exchange purchase. Now some banks have opened the RMB World Connect function, which means that foreign currency consumption can be directly recorded in RMB according to the exchange rate of the day, and the repayment can be repaid directly in RMB.

Question 9: What is foreign exchange purchase? When we need to pay in foreign currency after a foreign currency transaction, the act of using RMB to purchase and exchange it for foreign currency payment is called foreign exchange purchase.