Rate cards

Fixed FX rate cards

Fixed FX rate cards

Access our exclusive foreign exchange rates and calculate your settlement amounts

With Barclaycard Multicurrency, you'll get access to foreign exchange rates in your chosen settlement currency (GBP, EUR or USD). Scroll down and use the drop-downs to see 1-day and 7-day mid-rates.

Working out your settlement amount

Here’s an example where we’ve calculated the settlement amount for a payment processed in EUR and settled back in GBP on 1 June 2021. You can use these steps to work out both 1-day and 7-day settlement amounts. Your settlement amount will change as the mid-rates listed on the rate cards are updated.

  1. Transaction value: check the original transaction amount = €150
  2. Mid-rate: find the mid-rate on the date the payment was processed = 1.1618
  3. Fixed rate: divide 1 by the mid-rate (e.g. 1 divided by 1.1618) = 0.860733
  4. Loading rate: deduct your loading from the fixed rate (e.g. 0.860733 minus 1%) = 0.008607
  5. Customer rate: deduct the loading rate (0.008607) from the original fixed rate (0.860733) = 0.85212
  6. Settlement amount: multiply the transaction value (150) by your customer rate (0.852126) = £127.82

That’s it – the amount you’re left with is how much you’ll get back.

 

Key terms

Rate card means either the 1-day or 7-day exchange rates (i.e. the mid-rates) listed on this page. You should use the 1-day rate cards for your chosen settlement currency unless we’ve agreed that you will be on a 7-day rate card.

Fixed rate means the inverse of the mid-rate showing on the rate card.

Loading means the relevant charge (i.e. loading percentage) set out in your agreement as applicable to the currency conversion.

1-day rate cards

1-day rate cards will be made available by 23:45 every Sunday – Thursday for the 1-day fixed period commencing at 00:00 next banking day. Rate cards issued on Thursday are valid until Sunday 23:59:59.

7-day rate cards

7-day rate cards will be made available by 23:45 every Monday for the 7-day fixed rate period, commencing at 00:00 next banking day.