(Note: Transaction date is the day on which a transaction is initiated, while settlement date is the day on which UnionPay settles the transaction fund with the Acquirers and the Issuers.) UnionPay exchange rates update from Monday to Friday with the Friday exchange rate applying to transactions...
The exchange rate on transaction date may be first applied to UnionPay Card transaction. Under certain circumstances, the exchange rate on the settlement date may be applied. (Note: Transaction date is the day on which a transaction is initiated, while settlement date is the day on which UnionP...