When you shop internationally or online in a different currency, banks might add a fee to the exchange rate they provide, which means you could be getting a less advantageous rate even if they don't charge a 'fee.'
To ensure the best experience when you use Jamboo for international transactions, we apply the Mastercard exchange rate without any additional fees. This enables you to make purchases in any currency with Jamboo, avoiding any extra costs or charges on our part.
Below are the rates that apply when you spend in a foreign currency. Mastercard updates their rates daily at 3.05pm GMT, so if your transaction is made before that time, you'll receive the previous day's rate.
© Jamboo Ltd 2024
Jamboo Limited is a financial technology institution registered as a private limited company in the United Kingdom (Company Registration Number 14541056). Our principal place of business is located at 307 Euston Road, London, NW1 3AD.We are a co-brand of Payload Limited, who act as a Programme Manager under Transact Payments Limited (TPL).Payment accounts and related payment services are provided by Transact Payments Limited, a payments and electronic money institution authorised and regulated by the Gibraltar Financial Services Commission (GFSC) to offer payment and electronic money services in Gibraltar and the United Kingdom. Registered office: 6.20 World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA. Incorporation number 108217. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme, your funds will be held in one or more segregated accounts and safeguarded in line with Part 4 of the Financial Services (Electronic Money) Regulations 2020. The virtual card is issued by Transact Payments Limited pursuant to licence by Mastercard International Incorporated. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission.
