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FOREIGN CURRENCY
The exchange rate in Concur is calculated as of the transaction date. Once you receive your
bank statement for exchange fees, process through Concur as a separate line item by choosing
“Bank Fees” expense type. Identify all fees you are claiming and attach a copy of your bank
statement to your report.
Note:
The use of credit cards is highly recommended whenever possible to receive more
favorable exchange rates. Additionally, travelers should use the exchange rate on the credit
card for the entire Expense Report conversion.