For my Hollister Spree #1 ( spree link here), my credit card charged me at an exchange rate of 1.411, higher than the 1.40 i collected from my participants at. A screenshot is attached, and i will proceed to collect from my participants at 1.411.
Dear mods, the FXconverter provided this rate today for USD: 1 US Dollar = 1.47478 Singapore Dollar
But the rate you fixed is USD1.53. Why so high? I understand that it may need to be higher, around 1.48-1.49 etc but 1.53 in my opinion is too high to be the actual rate charged by the bank...
babe how to insert printscreens here? i totally agree with u that USD is def more than 1.53 coz for my very recent F21 spree (deducted yst), i'm charged 1.533+!!
i dont use to check my bank statement that often but now i check everyday to make sure i'm not shortchanged.. sighhh
the rates fluctuate up and down every day. especially with the markets now being so unstable. i can't possibly change the rates everyday. the most i can do is allow you to collect the shortage from your participants when you've been overcharged. just show the printscreens.
Hi mods, USD came down recently (it is 1.51 today on FXconverter), but your rates went up from 1.58 to 1.60 instead. Is it possible to revise this?
In addition, i see from the above comments that spree organiser can claim back from participants if they have been overcharged. But what about the participants if the rates charged are way lower than what they have paid?
Re: Drop of USDhoaiphuong_sApril 9 2009, 02:13:26 UTC
Yes... I agree with ya question... Understand that mods cant update the xchange rate everyday...not even every week those... so wad if the xchange rate provided is 1.60 but e actual is just 1.54 or less (just example)... because xchange rate are change very fast... So why only organiser can claim back from participants if overcharged by seller... not participant can claim back for overcharged too by seller? I meant a small differnet of 0.005 should be ok (I meant the third digit after dot)... as not much different but if the different at second digit after dot then the difference is definetly not small at all...
i'll have to agree as well. since organizers can claim shortage but why cant participants claim for any excess ? since some organizers who state under their T&C that (excess wont be refunded). somehow it doesnt make any sense. especially if it involves a substantial amount if the item purchase is huge amount.
there needs to be a limit. for example yes, for example, a 0.03 difference then organizers need to refund any excess. since the exchange rates as wat stated in the spree post may differ from when the time the items are ordered.
Comments 17
For my Hollister Spree #1 ( spree link here), my credit card charged me at an exchange rate of 1.411, higher than the 1.40 i collected from my participants at. A screenshot is attached, and i will proceed to collect from my participants at 1.411.
Thank you! :)
jazzdrunk
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the FXconverter provided this rate today for USD:
1 US Dollar = 1.47478 Singapore Dollar
But the rate you fixed is USD1.53. Why so high? I understand that it may need to be higher, around 1.48-1.49 etc but 1.53 in my opinion is too high to be the actual rate charged by the bank...
thank you~!
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was been charged at a higher rate than what's stated in sgspree (USD=1.53)
printscreen for AE #22
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i dont use to check my bank statement that often but now i check everyday to make sure i'm not shortchanged.. sighhh
p.s: mod pls revise ur FX rate again. thanks
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just use < img src="pic url" >
just remove the blanks before the < >!
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In addition, i see from the above comments that spree organiser can claim back from participants if they have been overcharged. But what about the participants if the rates charged are way lower than what they have paid?
Sorry for so many question...
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there needs to be a limit. for example yes, for example, a 0.03 difference then organizers need to refund any excess. since the exchange rates as wat stated in the spree post may differ from when the time the items are ordered.
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