Visa Foreign Exchange API response rate seems not correct.

cbinton
Helper

Visa Foreign Exchange API response rate seems not correct.

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.
 
 
1 REPLY 1
jenn_kh
Community Moderator

Re: Visa Foreign Exchange API response rate seems not correct.

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