Step-by-Step Instructions:
Step 1: Open the VISA Exchange Rate Calculator
Step 2: Choose the Date of the Transaction
Click on Edit Option.Under "Date of Transaction", select the exact date when your transaction took place.
Step 3: Enter the Transaction Amount and Currency
In "Transaction Amount", type the amount you spent or are planning to spend.
In "Transaction Currency", choose the foreign currency you used or are using (e.g., USD, EUR, GBP).
Step 4: Enter Your Billing Currency
In "Your Card is Issued in", select the currency of your card or bank account (e.g., INR for Indian Rupees).
Step 5: Add the Bank Fee (Currency Conversion Fee)
Under "Bank Fee (%)", enter:
2% if you're on the Standard plan
1% If you're on the Premium plan
Step 6: Click "Calculate"
Click the "Calculate Conversion" button to see:
The exchange rate used
The converted amount you’ll be charged
The total cost including the bank fee
Example:
Transaction Date: 04 June 2025
Transaction Amount: 100
Transaction Currency: USD
Billing Currency: INR
Bank Fee: 2% (for Standard plan) and 1% (for premium plan)
Click Calculate to get the INR equivalent with the applied conversion fee.