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In what currency can my recipient receive the funds for my Visa Direct?
Funds are transferred into your recipient’s Visa card account in the currency of their Visa card. In most cases, this is the local currency of the country in which the card is issued.
Note - Some recipients may have Visa cards where there is one currency for international transactions and another for domestic transactions. Funds in this case are received in the international currency and then converted by the recipient card issuing bank into the currency of the recipient’s card based on the applicable rate. For example, China has dual currency Visa cards, where there is one international currency for international transactions and Renminbi (RMB) for domestic transactions. Funds in this case are received in the international currency and then converted by the card issuing bank into RMB based on the applicable exchange rate.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.