Visa Foreign Exchange API response rate seems not correct.

[cbinton]

Hey, team,

I want to test the FX API v2, https://sandbox.api.visa.com/forexrates/v2/foreignexchangerates

My request body:

{

"acquirerDetails": {

"bin": 408999,

"settlement": {

"currencyCode": "840"

}

},

"rateProductCode": "A",

"markupRate": "0.00",

"destinationCurrencyCode": "124",

"sourceAmount": "1000",

"sourceCurrencyCode": "840"

}

Response Body:

{

"conversionRate": "1.298430",

"destinationAmount": "1298.43",

"rateProductCode": "B",

"acquirerDetails": {

"settlement": {

"currencyCode": "840",

"amount": "1000.00",

"conversionRate": "1.000000"

}

}

}

All looks good except the rate "conversionRate", when I search on google or use Visa' FX calculator, it should be around 1.35, but why this API responses with such a lower rate? Thanks.

[jenn_kh]

Thank you for your question, @cbinton. An agent will get back to you as soon as possible. In the meantime, if any community member knows the solution, please reply here. -Jenn