ChatterBank1 min ago
Bank Charges...... Unexplained
10 Answers
i bought flight off travel agent in south ireland , 599 euro was total. i went into my bank in belfast and bank had charged me total of £546. though when i looked on fx currency converter 599 euro = £ 494.32. an overcharge of approx £50 . i do know there was a charge of £23 for using my uk debit card.
any advice please much appreciated. i went to bank and complained and bank told me that travel agent in eire was responsible so i emailed travel agent in eire ( south ireland ) but travel agent told me that the bank was responsible for the over charge.
any advice please much appreciated. i went to bank and complained and bank told me that travel agent in eire was responsible so i emailed travel agent in eire ( south ireland ) but travel agent told me that the bank was responsible for the over charge.
Answers
Best Answer
No best answer has yet been selected by beezaneez. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.>>>when i looked on fx currency converter
The currency conversion was done by Visa, who want to make their own profit. Ulster Bank also want to make a profit as well, so this is the calculator you should have used:
http:// www.vis aeurope .com/en /cardho lders/e xchange _rates. aspx
Enter the currency conversion rate as 2.65%, as that's what Ulster Bank currentlycharges. (It's actually 2.65% plus 75p).
(Ulster Bank information sourced from here:
http:// www.uls terbank .co.uk/ ni/pers onal/da ily-ban king/cu rrent-a ccounts /useful -inform ation/d ebit-ca rds-abr oad.ash x )
Using today's date I get €599 = £507.46 (+ 75p, as above, = £508.21). Adding on the £23 brings that up to £531.21, which is only about £15 different to the figure you've quoted (and could easily be accounted for daily fluctuations in the exchange rate).
The currency conversion was done by Visa, who want to make their own profit. Ulster Bank also want to make a profit as well, so this is the calculator you should have used:
http://
Enter the currency conversion rate as 2.65%, as that's what Ulster Bank currentlycharges. (It's actually 2.65% plus 75p).
(Ulster Bank information sourced from here:
http://
Using today's date I get €599 = £507.46 (+ 75p, as above, = £508.21). Adding on the £23 brings that up to £531.21, which is only about £15 different to the figure you've quoted (and could easily be accounted for daily fluctuations in the exchange rate).
-- answer removed --
-- answer removed --
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.