Resort charged £1700 extra, not refunded yet

CKhalvashi

Sandtree said:

The chargeback I would have thought would reverse out the international payment charge in the same way a formal refund would.

The adverse movement in the FX is something that you are likely just going to have to swallow, the transaction wasnt actually £1,700 but ~Rs36,000 therefore you are owed ~Rs36,000, the fact that now equates to a different amount in GBP is just the realities of doing international transactions and could equally have moved in the other direction and in your favour.

If you ask about a chargeback on an international payment in the Credit Card section of this site then some of those that work in that line of business will be able to clarify if they reverse the processing fee or not.

My previous card issuer has dealt with any chargebacks in Sterling.

A refund with the merchant should also reverse the foreign currency charge. I closed an old card earlier this month in favour of a Barclaycard with no overseas fees and have never paid interest on a CC, so can't verify whether this is the case with all card issuers (in recent times I've only held 3 cards but can confirm it for 2 of them) and can't confirm the interest part, however I'd be surprised if it's not refunded somewhere.