About Foreign Currency Exchange Rate Adjustment
This descriptor represents a foreign currency exchange calculation performed by your card issuer or payment network, not a purchase from a separate business. The format “71.10 X 1.344725738 (EXCHG RATE)” shows that an amount (for example, 71.10 in a foreign currency) was multiplied by an exchange rate (1.344725738) to convert it into your account’s billing currency. It typically appears alongside a foreign transaction on your statement.
You’ll usually see this line directly above or below the actual merchant charge when you’ve spent money in another country or with an online merchant that bills in a different currency. The resulting converted amount (after applying the exchange rate and, sometimes, any foreign transaction fees) is what is ultimately charged to your card. This entry itself is informational and part of the calculation; the real “charge” is associated with the merchant line item shown near it.
If you have questions about this exchange rate entry—such as how the rate was determined, whether additional fees were applied, or to dispute a foreign transaction—you’ll need to contact your card issuer (the bank or company that issued your Visa card). Check your online or mobile banking portal for the detailed transaction view, which often shows both the original currency amount and the converted amount. For concerns, call the customer service number on the back of your card or use secure messaging in your banking app; reference the date, merchant, and the exact exchange-rate line shown on your statement.