If you use a Bank of Communications VISA credit card to make purchases abroad, there will be a handling fee. In the bills paid by cardholders for overseas card consumption, the card payment fee is generally between 3 and 4. International card organizations such as Visa or MasterCard charge the card issuer an international transaction fee of 1 to 1.5 for each transaction. Although it is charged to the bank, Charged, this fee is actually borne by the person who swipes the card.

In addition, each bank charges a handling fee or exchange fee, ranging from 1 to 2. Bank of Communications charges 1.75. "Generally, in the credit card consumption bills that cardholders receive every month, most banks never list the rates and directly add the foreign currency exchange fee to the cardholder's consumption amount.

Swipe the card Handling fees refer to the fees charged by bank card operating institutions to merchants for providing settlement services. Optimizing and adjusting card handling fees should be appropriately lowered in accordance with the overall goals of encouraging consumption, reducing circulation costs, expanding domestic demand and promoting economic development. High card processing fee standards reduce the burden on merchants, facilitate the public's card consumption, promote the healthy development of the bank card industry, and achieve multi-party win-win results:

National development and reform. The Commission has specific measures to improve the pricing mechanism for optimizing and adjusting bank card swiping fees:

1. Reduce the service fee rate level of the card issuer

1. The card issuer charges the card issuer. The service fee has been changed from the current government pricing based on different merchant categories, with the same rate applied to debit cards and credit cards (including quasi-credit cards, the same below), to a government-guided price and upper limit management that does not differentiate between merchant categories.

2. The differential charging rate for debit cards and credit cards is reduced to 0.35 for debit card transactions and 0.45 for credit card transactions.

2. Reduce the level of network service fees

1. The network service fees charged by bank card clearing institutions will be changed from the current government-based pricing based on merchant categories to not differentiated between merchant categories and subject to government guidance. Price and upper limit management will be charged to the acquirer and card issuer respectively.

2. The fee level will be reduced to no more than 0.065 of the transaction amount, and the card issuer and acquirer will each bear 50 (that is, they will charge the card issuer respectively). , the rate charged by the acquirer shall not exceed 0.0325 of the transaction amount)

3. Adjustment of the card issuer’s service fee

The network service fee cap control measures charged by the card issuer. The service fee of the card issuing bank shall not exceed 13 yuan for a single debit card transaction. The single fee cap for credit card transactions shall not be implemented. The network service fee charged by the bank card clearing agency does not distinguish between debit and credit cards and a single transaction. The amount of charges shall not exceed 6.5 yuan (that is, when the charges are calculated separately from the acquirer and the card issuer, the amount of a single charge shall not exceed 3.25 yuan)

4. Implement card issuer service fees for some merchants

1. Preferential measures for network service fees. For non-profit medical institutions, educational institutions, social welfare institutions, elderly care institutions, and charitable institutions, full reductions in service fees and network service fees will be implemented. .

2. During the 2-year transition period from the official implementation of this credit card fee adjustment measure, in accordance with the principle of maintaining overall stability in the rate level, supermarkets, large warehouse stores, water, electricity and gas payments, Refueling and transportation ticketing merchants receive discounts on card-issuing bank service fees and network service fees.

5. The service fees in the acquiring process are subject to market-adjusted prices

1. Charged by the acquiring agency. The acquiring service fee has been changed from the current government-guided price to a market-regulated price, and the acquiring agency will negotiate with the merchant to determine the specific rate. The state encourages acquirers to actively carry out business innovation, provide personalized and differentiated value-added services according to the needs of merchants, and in accordance with market-oriented principles, comprehensively consider the cooperation needs and business development status of both parties, and negotiate with merchants to reasonably determine service charges.

2. Please refer to the attached table for details of the adjusted bank card swiping fee items and rate ceiling.

The bank card clearing agency shall, within the scope of not exceeding the upper limit and in accordance with national policies and regulations, determine the specific rates of issuing bank service fees, network service fees and related preferential measures for its brand bank cards, and submit them to the National Development and Reform Commission Committee, People's Bank of China.

Bank of Communications official website - foreign exchange inquiry

Bank of Communications official website - Announcement on the adjustment of some fees and charges for Bank of Communications credit cards

Baidu Encyclopedia - Card processing fees

p>