FlyerTalk Forums - View Single Post - AE Exposure Management Limited

Jul 22, 2016, 2:45 am

#12

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Join Date: Sep 2004

Location: Southern Bavaria, Germany

Programs: LH Blue, BA Blue, Hyatt Gold

Posts: 1,517

Quote:

Originally Posted by gooselee

I'm getting concerned.

Just put through a rather sizeable charge on my DL Reserve Amex. All my previous foreign transactions on that card have processed at a rate pretty close to what XE.com gives me on the day the transaction posts.

This was a NZD transaction, which converted to USD at about a 1.38 NZD:USD ratio. The worst that ratio got the entire week of the transaction was 1.39935, and it was closer to 1.405 for the days between the payment and when it posted.

Either the new processing arm for Amex foreign transactions is using unfavorable rates or I just got really unlucky this time...

You may also have a look on the "cut-off hour" for the purchase made. I think that all purchases at the same date are converted using the same rate.

Not continuosely quoted during one day.

So you may check if this is the rate of one day later.

Sorry that I don't know the exact hour.

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