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How is the ECB % mark-up calculated?

The % mark-up is worked out by calculating the transaction charges including currency conversion charges such as our Exchange Rate Transaction Fee & Commission Charges, plus the Visa scheme exchange rate applied by the bank and dividing it by the ECB foreign exchange rate. This will be shown as a percentage in the Cross-Border Payment message.

For an estimation on foreign currency conversion charges, check out the Card Currency Calculator (opens in a new window).