Summary

Oversea Transaction in foreign currency

In short, all credit card transaction done in foreign currency is set by VISA International, MasterCard International & American
Express International depending on the type of credit type used for the transaction. In short all credits cards regardless of which bank
you used will be using the same forex rate. However the obvious difference from sg credit card and msia credit card is that sg credit
cards emphasize on the conversation of foreign currency to USD and then convert to SGD and msia credit card just indicated that the
foreign currency will be converted msia ringgit. Despite all the description, the forex is still determined by VISA International,
MasterCard International & American Express International.

VISA International, MasterCard International charges 1% fee on converted Singapore amount and American Express International
charges 2% fee on converted Singapore amount.

Oversea Transaction in SGD
For all transaction converted to SGD by merchants or cash drawn from atm, the merchants determined the forex rate. However VISA
International, and MasterCard International charges 0.8% of the relevant transaction amount. There is no fee imposed by the credit
card banks.

The obvious difference for those banks credit cards is their administration/ transaction fees. Some indicate it is based on foreign
currency, some indicated based on converted sg amount and the remaning did not indicate. Whatever it is, most of the time the bank
will choose the one that charges more.

On top of VISA International, MasterCard International charges 1% fee and American Express International charges 2% fee:
Credit cards by banks Bank fees
Standard Chartered Bank 2.5% of the converted Singapore Dollars amount
UOB (Sg) 2.5% on the amount converted will be charged
DBS
1.5% (2% for debit cards) of the foreign currency transaction amount for
transactions
POSB everyday card** 1.5% of the foreign currency transaction amount for transactions
Maybank (msia)
1% or at other rates will be determined
by Maybank for conversion transactions made in foreign currencies
UOB one (msia) a 1% administrative fee

Enjoy 2% cash rebate** on your overseas spend. (POSB everyday only)
Promotion is effective from 15 August 2013. Subject to a minimum total spend of S$1,000 within the same calendar month and
capped at a maximum of S$5,000 overseas spend (equivalent to Daily$100) per Card account per calendar year. Not applicable for
transactions made overseas in Singapore dollars, for card-not-present transactions such as online transactions, mail/phone order in
foreign currencies. 0.3% cash rebate will be credited upfront and the additional 1.7% cash rebate will be credited by the end of the
following calendar month of which transaction was made. see below for illustrations


For the following pages:
the forex rate from VISA international, mastercard internation and the actual agreements from respective banks
From visa: http://usa.visa.com/personal/card-benefits/travel/exchange-rate-calculator.jsp


Exchange Rates (sg credit card, transaction in south Korean)
Currencies fluctuate every day. The rate shown is effective for transactions submitted to Visa on September 4, 2014, with a bank
foreign transaction fee of 0%.
1 South Korea Won = 0.00124 Singapore Dollar
The 'currency calculator' below gives you an indication of the cost of purchases you make when traveling internationally.
South Korea Won to Singapore Dollar
September 4, 2014
1 KRW = 0.00124 SGD

1 = 0.00124 50 = 0.062
5 = 0.0062 75 = 0.093
10 = 0.0124 100 = 0.124
20 = 0.0248 150 = 0.186
25 = 0.031 200 = 0.248
30 = 0.0372 250 = 0.31
40 = 0.0496 300 = 0.372

Exchange Rates (msia credit card, transaction in south Korean)
Currencies fluctuate every day. The rate shown is effective for transactions submitted to Visa on September 4, 2014, with a bank
foreign transaction fee of 0%.
1 South Korea Won = 0.00314 Malaysian Ringgit
The 'currency calculator' below gives you an indication of the cost of purchases you make when traveling internationally.
South Korea Won to Malaysian Ringgit
September 4, 2014
1 KRW = 0.00314 MYR

1 = 0.00314 50 = 0.157
5 = 0.0157 75 = 0.2355
10 = 0.0314 100 = 0.314
20 = 0.0628 150 = 0.471
25 = 0.0785 200 = 0.628
30 = 0.0942 250 = 0.785
40 = 0.1256 300 = 0.942

From mastercard: https://www.mastercard.com/global/currencyconversion/index.html

There is no south Korean choice for me to choose.




Scm
Foreign Currency Transactions
1. All foreign currency transactions effected in a foreign currency other than US Dollars will be converted into US Dollars
before being converted into Singapore Dollars(the "converted Singapore Dollars amount"). The exchange rate may differ
from the rate in effect on the date of the transaction due to market fluctuations. Any rate imposed is final and conclusive and
you bear all exchange risks, loss, commission, and other bank costs which may be incurred as a result. All conversions will be
based on the prevailing wholesale interbank rates or the government-mandated rate, as shall be determined by the respective
card associations, namely Visa Inc. ("Visa") or MasterCard International ("MasterCard").
2. In addition, all foreign currency transactions (including overseas and online transactions) charged to Visa / MasterCard cards
will be subject to: (i) a prevailing charge of 1% of the converted Singapore Dollar amount representing the charge imposed
by Visa / MasterCard on the transaction; and (ii) a prevailing fee of 2.5% of the converted Singapore Dollars amount.
Dynamic Currency Conversion
1. If your foreign currency transactions (including overseas and online transactions) are converted into Singapore Dollars via
dynamic currency conversion, which is a service offered at selected overseas ATMs, websites or by certain merchants ("DCC"),
you acknowledge and agree that the process of conversion and the exchange rate applied will be determined by the relevant
DCC service provider and not by us.
2. In addition, all foreign currency transactions (including overseas and online transactions) converted via DCC will be subject to
a prevailing charge of 0.8% of the transaction amount representing the charge imposed by Visa / MasterCard on the transaction.
Singapore Dollar Transactions Processed Overseas
If you enter into Singapore Dollar transactions with: (i) a local merchant that routes its payment processing through an overseas
intermediary; or (ii) a merchant that is registered by its acquiring bank (the "Acquirer") as having been acquired overseas, regardless
of where the merchant is actually located, such transactions will be subject to a prevailing charge of 0.8% of the relevant transaction
amount representing the charge imposed by Visa / MasterCard on the transaction.
In both these cases the transaction is treated as a foreign currency transaction and the process of conversion and the exchange rate
applied will be determined by the relevant payment processing intermediary or the Acquirer and not by us.


Uob

Fees for Foreign Currency Transactions and Transactions Processed Outside Singapore
1 Transaction made in foreign currency:-
1. Non-SGD, non-USD and non-
AUD transaction;

The transaction will be converted at the
prevailing exchange rates of the relevant
credit card company, first to USD then, to
SGD;

(a)
AND
1. Non-SGD transaction made using Visa, MasterCard, JCB International or
China Unionpay Cards;
An administrative fee of 2.5% on the
amount converted will be charged;
2 SGD transaction made using Visa or MasterCard and processed outside Singapore:- All Visa and MasterCard transactions
effected in Singapore dollars and
processed overseas are levied a fee of
0.8%.
I nterest
Unless otherwise specified, interest is calculated on the basis of a 365-day year (a 366-day year in the case of a leap year) and
compounded on monthly basis or such other basis we think fit. Interest is charged until the date the amount owing is paid in full.

DBS
Transaction in Foreign Currencies
Card transactions in US dollars shall be converted to Singapore dollars on the date of conversion. Transactions in foreign currency
other than US Dollars will be converted into US dollars before being converted into Singapore dollars. All conversions shall be based
on the prevailing wholesale interbank rates or the government-mandated rate, as shall be determined by the respective card
associations, namely VISA International, MasterCard International & American Express International, Inc. The rate used for the
conversion may be different from the rate in effect on the date of the transaction due to market fluctuation.
(A) Foreign currency transaction
All card transactions in foreign currency are subject to a charge imposed by the respective card associations, either as a reimbursement
charge representing the charge imposed on us or as a direct charge to you. For foreign charges converted by Visa/MasterCard,
Visa/MasterCard applies a conversion factor of 1% to the converted amount. For foreign charges converted by American Express,
American Express applies a conversion factor of 1% to the converted amount.

An administrative fee for services provided or actions taken by us in relation to such foreign currency transactions shall be payable by
you and debited to your Card Account. Our prevailing administrative fee is 1.5% (2% for debit cards) of the foreign currency
transaction amount for transactions involving VISA International and MasterCard International.
For illustration purpose only:
Charge in foreign currency Foreign currency (e.g. MYR, HKD, USD, Euro)
Foreign exchange rate determined by Visa / MasterCard determined by
American Express
(not applicable for
debit cards)
Currency conversion charge
imposed by card
associations
1% 1%
Our administrative fee 1.5% (2% for debit cards) 2%
Total fees 2.5%, (3% for debit cards) on top of the
prevailing foreign exchange rate determined
by Visa/MasterCard
3%, on top of the
prevailing foreign
exchange rate
determined by
American Express
(B) Dynamic currency conversion
If your card transaction is converted into Singapore dollars via dynamic currency conversion (a service offered at certain overseas
ATMs, merchants or websites), you acknowledge that the process of conversion and the exchange rates applied will be determined by
the relevant ATM operator, merchant or dynamic currency conversion service provider, as the case may be.

All card transactions which are converted via dynamic currency will be subject to an administrative fee of 0.8% on the converted
Singapore dollar amount, or such other rate as determined by us and notified to you.
For illustration purpose only:
Transaction performed in home currency, but merchant location is outside Singapore
Foreign exchange rate determined by the relevant ATM operator,
merchant or dynamic currency conversion service
provider
Administrative fee by
Visa/MasterCard
0.8% on the converted SGD amount
Total fees 0.8%, on top of the prevailing foreign exchange
rate



POSB


Fees for
Foreign
Currency
Transactions
Card transactions in US dollars shall be converted to
Singapore dollars on the date of conversion. Transactions in
foreign currency other than US Dollars will be converted into
US dollars before being converted into Singapore dollars. All
conversions shall be based on the prevailing wholesale
interbank rates or the government-mandated rate, as shall be
determined by the respective card associations, namely VISA
International, MasterCard International & American Express
International, Inc. The rate used for the conversion may be
different from the rate in effect on the date of the transaction
due to market fluctuation.
All card transactions in foreign currency are subject to a
charge imposed by the respective card associations, either as a
reimbursement charge representing the charge imposed on us
or as a direct charge to you. For foreign charges converted by
Visa/MasterCard, Visa/MasterCard applies a conversion
factor of 1% to the converted amount. For foreign charges
converted by American Express, American Express applies a
conversion factor of 1% to the converted amount.
An administrative fee for services provided or actions taken
by us in relation to such foreign currency transactions shall be
payable by you and debited to your Card Account. Our
prevailing administrative fee is 1.5% of the foreign currency
transaction amount for transactions involving VISA
International and MasterCard International and 2% of the
foreign currency transaction amount for transactions involving
American Express International, Inc.
For illustration purpose only:

Charge in foreign
currency
Foreign currency (e.g. MYR, HKD,
USD, Euro)
Foreign exchange
rate
determined by the respective card
associations
Visa / MasterCard American Express
Currency
conversion charge
imposed by card
associations
1% 1%
Our administrative
fee
1.5% 2%
Total fees
2.5%, on top of
the prevailing
foreign exchange
rate determined by
Visa/MasterCard
3%, on top of the
prevailing foreign
exchange rate
determined by
American Express
Dynamic
Currency
Conversion
Fee
If you have chosen to convert your card transaction into
Singapore dollars via dynamic currency conversion (a service
offered at selected overseas ATMs, merchants or websites),
you acknowledge that the process of conversion and the
exchange rates applied will be determined by the relevant
ATM operator, merchant or dynamic currency conversion
service provider, as the case may be.
Card transactions converted via dynamic currency conversion
will be subject to an administrative fee of 0.8% by Visa or
MasterCard respectively on the converted Singapore dollar
amount, or such other rate as determined by us and notified to
you.
For illustration purpose only:

Transaction performed in home currency, but merchant
location is outside Singapore.
Process of
conversion and
the exchange
rates
determined by the relevant ATM operator,
merchant or dynamic currency conversion
service provider
Administrative
fee by
Visa/MasterCard
0.8% on the converted SGD amount
Total fees 0.8% on the converted SGD amount


Enjoy 2% cash rebate* on your overseas spend!
Promotion is effective from 15 August 2013. Subject to a minimum total spend of S$1,000 within the same calendar
month and capped at a maximum of S$5,000 overseas spend (equivalent to Daily$100) per Card account per calendar
year. Not applicable for transactions made overseas in Singapore dollars, for card-not-present transactions such as
online transactions, mail/phone order in foreign currencies. 0.3% cash rebate will be credited upfront and the additional
1.7% cash rebate will be credited by the end of the following calendar month of which transaction was made.



Maybank petronas gold (msia)

14.
OVERSEAS TRANSACTIONS
14.1
The Cardmember may use the Card outside Malaysia where there are
Authorised Merchants and/or Authorised Cash outlets.
14.2
The Cardmember may use the Card for Cash Withdrawal through
designated ATMs installed in such approved countries as shall be
announced by the Maybank and/or any Merchant Affiliate of American express
or Visa International from time to time.
14.3
Where the Cardmember uses the Credit Card outside Malaysia, the
transactions shall be charged in the official currency of the country
concerned and converted into ringgit Malaysia at such exchange rate
and at such time as may be determined by Visa International at its
absolute discretion on the date it is processed by Visa International,
depending on the card. In addition, the Cardmember also has to pay the
administrative costs at a rate of 1% or at other rates will be determined
by Maybank for conversion transactions made in foreign currencies.

14.4
For foreign charges converted by American express, American expressapplies a conversion factor of 2.5% to the converted amount. A charge
that is made in foreign currency other than U.s.
Dollars will, when the conversion is done by American express, be converted into U.s. Dollars before being converted into Billing Currency, ringgit
Malaysia.

14.5
Wherever applicable, the Cardmember shall authorise the Bank to
take such steps to comply with the relevant exchange Control regulation issued by Bank negara Malaysia in respect of any
overseas transactions.


UOB one msia

Conversion for overseas transactions
The conversion rate will be the prevailing rates ofVisa International or MasterCard Worldwide, plus a 1%
administrative fee.