How are foreign transactions displayed on my statement?

How are foreign transactions displayed on my statement?

There are no fees for UK purchases with your K Ring, but we do charge a non-domestic transaction fee for purchases made abroad.

The example below shows how non-UK transaction details will appear on your statement:

Original transaction: ฿1263.00 Rate: 1:41.49 Fee: £0.91
  1. Original Transaction: the value of the transaction in the local currency
  2. Rate: the exchange rate used to convert the transaction from the local currency to the currency of your Virtual Prepaid Mastercard; we use Mastercard's foreign exchange rate for our conversions plus a 3% Currency Conversion Fee (Bank Fee)
  3. Fee: the value of the fee charged, which is derived from the exchange rate.

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