The exchange rate for executing non-Euro card transactions and purchasing non-EUR currency consists of:
The base exchange rate
Up to 1% mark-up fee
The base exchange rate is calculated on exchange rates provided by Morningstar Real-Time Data Limited, London which is, where available, based on ECB exchange rates. For card transactions, the base rate is determined by VISA’s exchange rate. These rates are always live, which means that they reflect the behaviour of the currency on the market.