China Highlights - Discovery Your Way! (Since 1959)

 

Illustration of Exchange Rate Difference

China Highlights converts Chinese RMB to US Dollars at a rate of RMB 7 = US$1 in our quotations but we must charge your credit card in Chinese currency (RMB). Banks and Credit Card companies may use rates that are less favorable to you than our rate. Here is an example:

China Highlights quotes RMB700 for travel and this equates to US$100 at exchange rate RMB7= US$1 in our quotation. Banks and credit card companies will usually use a rate that enables them to make a profit on the exchange transaction. An example of this would be that they use an exchange of RMB7= US$1. This will mean that RMB700 equates to US$100.8 and they will charge $100.8 to your credit card. The difference of $0.8 is the profit that has been made by the bank or credit card. China Highlights has no way to alter this situation and we get no benefit from the difference appearing on your credit card.  

China Highlights will never charge more that our quotation that has been accepted by you, our client.

 

Here is an example

an detailed illustration of why the exchange rate is different

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