How is the exchange rate determined for foreign currency transactions on PNB credit cards? Does PNB use Visa/Mastercard/RuPay exchange rates for international transactions? Are there any additional markup fees on foreign currency conversions with PNB credit cards? Where can I check the exchange rate applied to my international PNB credit card transactions? Does the exchange rate fluctuate, and how does it affect my final billing amount?
The exchange rates that are used for PNB credit card transactions in foreign currencies depends on the card network (Visa, MasterCard, or RuPay) at the time of the transaction. A foreign exchange markup fee, which normally ranges from 2% to 3.5% of the transaction amount, may also be assessed by PNB. You can verify your transaction information via PNB internet banking, the mobile app, or customer service to obtain the precise exchange rate and fees.