Reply to post: Re: How do you get a menu or breakdown of all the actual charges?

Visa fingers 'very rare' data centre switch glitch for payment meltdown

katrinab Silver badge

Re: How do you get a menu or breakdown of all the actual charges?

Here is an example:

€100 converted into £ on 15th June 2018 using the following exchange rates:

Bank of England - £87.39

Mastercard - £87.55

Visa - £88.22

Your bank will take either the Mastercard or Visa rate depending on what your card is, and they might add additional charges on top of that. 3% margin + a non-sterling transaction fee + if relevant a cash withdrawal fee is quite common

Visa are taking 83p (Mastercard take 16p). Your bank may well take another £5 or so, but that money does not go to Visa.

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