Circumtec and Foreign Currency Exchange Fee (Bank-Generated) are both in the Financial Services category. Circumtec appears on bank statements in more ways (5 variations).
Circumtec is an Australian payment technology company that provides cashless payment processing for unattended equipment such as self-service car washes, laundromats, vending machines, dog washes, and amusement machines. Charges from car wash locations may appear on statements with descriptors like “Circum Wash Mentone” or similar variations.
This is not a merchant but a bank-generated foreign currency exchange fee or adjustment line item that appears when a transaction involves currency conversion.
| Aspect | Circumtec | Foreign Currency Exchange Fee (Bank-Generated) |
|---|---|---|
| Number of statement variations | 5 codes | 1 codes |
| Category | Financial Services | Financial Services |
| Typical code format | numeric codes, avg 52 chars | avg 13 chars |
| Location in code | Often included | Rarely included |
| Average code length | 52 characters | 13 characters |
| Website | circumtec.com.au | N/A |
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