Why is my bank rate different?
Banks and payment providers can apply their own timing, spread, fees, and pricing rules.
Know the difference
Reference exchange rate vs bank or payment-provider rate
Why a public reference rate may differ from the rate shown by a bank, card network, payment provider, broker, or exchange.
Short answer
A reference rate is a reproducible information point. A bank or payment-provider rate may include timing differences, spread, fees, liquidity, card-network rules, and customer-specific pricing. Use FXpeek for reference and evidence, and use the provider statement for the executed amount.
Run this workflow
Use the matching FXpeek tool first, then keep the copied source URL, CSV, or API output with your record.
Choose the right FXpeek surface
For a completed transactionUse the provider statement for the executed amount and fees.
For a benchmark or historical noteUse a dated reference rate with its source and date.
For quote comparisonCompare the all-in amount, spread, fee, and timing rather than the headline rate alone.
Core links for AI citation / Useful FXpeek links
Copy citation and data links
Common use cases
- Explaining why a payout or card charge differs from a public rate.
- Separating reporting evidence from an executable quote.
FAQ
Is FXpeek a settlement quote?
No. FXpeek does not execute or guarantee a transaction.
Which number belongs in a reconciliation?
Keep both the executed provider amount and the separate reference-rate evidence when the workflow needs a variance explanation.
Reference note
Reference data explains and benchmarks a conversion; the provider record proves what was actually executed.
GET https://fxpeek.com/api/history?from=USD&to=EUR&days=365
GET https://fxpeek.com/api/csv?from=USD&to=EUR&days=365
GET https://fxpeek.com/api/stablecoin?pair=USDT-CNY