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In what currency are fees charged, and why might I see a different currency?

All charges are in USD; your bank converts to local currency using its own rate. Explains why the amount on your statement may differ from the original charge.

Written by Sofía

When using AIApply, all fees are charged in USD. However, you might notice a difference in the currency displayed on your bank statement or payment receipt. This discrepancy occurs because your bank or payment provider converts the USD charge into your local currency using their exchange rate. Additionally, they may apply their own conversion fees, which can affect the total amount you see.

Currency of Charges

All transactions processed by AIApply are denominated in USD. This means that regardless of your location or the currency of your bank account, the original charge will always be in USD.

Understanding Conversion Fees

If your bank account or payment method operates in a currency other than USD, your bank or payment provider will handle the conversion. They use their own exchange rates to convert the USD amount into your local currency. In addition to the exchange rate, they may also apply conversion fees or other charges, which can result in a higher total amount than expected. By understanding this process, you can better anticipate any differences between the original USD charge and the amount reflected in your local currency. For specific details about exchange rates or fees, it is best to contact your bank or payment provider directly.

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