Originally Posted by
Majuki
I still can't explain the slight discrepancy in between the listed exchange rates and the official Visa rate unless it's some instantaneous rate that the acquirer pulls from Visa?
Me neither, and that is baffling me...
Also, I've pulled some transactions from statements.
Here are the ones from CSP:
05/31 IPPUDO SINGAPORE 38.5206/01 SINGAPORE DOLLAR
48.26 X 0.798176543 (EXCHG RATE)
06/02 POPEYES CHICKEN & BISCUIT SINGAPORE 12.7706/02 SINGAPORE DOLLAR
16.00 X 0.798125000 (EXCHG RATE)
05/31 JUMBO SEAFOOD PTE LTD SINGAPORE 94.0206/02 SINGAPORE DOLLAR
117.82 X 0.797996944 (EXCHG RATE)
Ones from United Club card:
06/01 SINGAPORE ZOO-TICKETING SINGAPORE 102.1806/01 SINGAPORE DOLLAR
128.00 X 0.798281250 (EXCHG RATE)
05/31 DFS VENTURE S P/L - SCOTT SINGAPORE 37.5206/01 SINGAPORE DOLLAR
47.00 X 0.798297872 (EXCHG RATE)
06/02 SINGAPORE FLYER PL SINGAPORE 52.6706/02 SINGAPORE DOLLAR
66.00 X 0.798030303 (EXCHG RATE)
05/31 COLD STORAGE-BJ SINGAPORE 24.5806/02 SINGAPORE DOLLAR
30.80 X 0.798051948 (EXCHG RATE)
You see for posting date 6/1, Club vs CSP is 0.798297872 / 0.798176543 max, which is 0.015% higher; and for 6/2 is 0.798051948 / 0.797996944 max, which is 0.007% higher. Also, you see Club rates are always higher than CSP, no exceptions.
Visaeurope.com gives 0.7983390000 for 6/1 and 0.7983390000 for 6/2, and Visa.com gives 0.798260 for 6/1 and 0.798260 for 6/2.