Wholesale exchange rates are the foreign exchange rates used by banks, large corporations and public & private institutions for large volume currency transactions. In simpler terms, they are real-time exchange rates that are very close to published rates you can see on Google, XE.com and other financial sites.
YouTrip’s Wholesale Exchange Rates are managed by the YouTrip platform with our foreign currency partners and Mastercard®, typically with a marginal difference of 0.1%. You can check the live rates for the 10 currencies available for in-app exchange in the YouTrip app at any time. For the other 140+ currencies that can be used with your YouTrip card with no fees, please refer to the Mastercard calculator to see the wholesale exchange rates and refer to this article on how Mastercard's wholesale exchange rates are reflected and updated in app. Please ensure that you input “0” in the ‘Bank Fee’ field.