FTF virtual currency
All currency card refers to a credit card that can settle accounts in multiple currencies. When the full currency card is settled overseas, the card issuing organization will convert the local currency of consumption into US dollars, and then convert it into RMB, which will be recorded in the account and paid back in RMB when e
when using all currency credit card consumption, the handling charge generated by exchange is called overseas transaction fee (FTF). At present, major banks generally exempt from the handling charge of currency exchange, and the annual fee is exempted
nowadays, it is no longer difficult to travel abroad, and more and more people are going abroad to shop crazily
which is more cost-effective, full currency credit card or single currency credit card, Therefore, we can not simply explain which one is more cost-effective, but choose the appropriate credit card according to the user's own situation
at present, because the popularity of UnionPay payment channels overseas is not as good as visa, MasterCard and other card organizations, generally speaking, it is more convenient to swipe a credit card issued by visa or Mastercard organizations overseas. If the merchant has a UnionPay card machine, it can swipe the UnionPay card, enter the account in RMB, repay in RMB, and convert the currency according to the exchange rate of the issuing bank