When cardholder uses debit card to make payment for goods and/or services and/or cash withdrawal in a foreign currency, the expense incurred will be collected in Thai Baht. The collected amount is converted at the exchange rate applicable by each credit card company of which United Overseas Bank (Thai) Plc is a member as of the date such expenses were collected from the Bank on actual collection basis; where the expense is not incurred in USD, the credit card company may convert it into USD then from USD to Thai Baht.
Debit cardholders may view the exchanges rates from the following links for preliminary reference:
- For MasterCard
- For VISA
(http://corporate.visa.com/pd/ consumer_services/ consumer_ex_rates.jsp)
For the purpose of risk protection, the Bank will charge an exchange risk-hedging premium on the top of the converted amount at a rate not exceeding 2.5% of the expense incurred.