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​​How are foreign exchange fees calculated for cross-border card payouts?

If your sub-account's holding currency is different to the recipient card's processing currency, card payout transactions may incur foreign exchange (FX) fees, along with other transaction fees. 

The FX rate is used to convert the amount into the recipient’s currency. 

Fees are generally charged as a net-off. This means that the funds recipient receives the full amount and the fees are deducted from your sub-account's Available balance. 

For more information, see Request a card payout.

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