What exchange rate information has to be given to a customer at the point of sale in relation to a credit card transaction that involves a currency conversion?
Under regulation 45(2)(d) and (3), the information about the exchange rate used and the amount of the payment transaction after the currency conversion may be provided or made available to the customer periodically (and at least once a month), providing this has been agreed in the framework contract. This assumes the currency conversion is done by the credit card issuer and not at the point of sale.
