Currency adjustment
Needs the agreed rate source and conversion date, not just a converted total.
What it is calculated on
As a percentage of another amount.
What it appears as on real documents
Providers write the same charge many different ways. All of these mean this charge:
- currency adjustment factor
- caf
- currency adjustment
- fx adjustment
- exchange rate adjustment
- currency surcharge
- exchange difference
- fx difference
- currency conversion fee
What settles it when you question it
The test is whether the amount matches what was quoted, on the same basis. If the basis changed, that is the thing to ask about rather than the total.
Ask for:
- Original rate quotation
- Agreed exchange-rate source and date
- Line-by-line calculation breakdown
Before you book
This is often missing from a quotation entirely — not excluded, just not mentioned. A charge a quotation is silent about is the one that arrives as a surprise.
Ask: Ask which currency the invoice will be raised in, and if converted, the agreed rate source and date.
Check a currency adjustment on your own invoice
Free, and no account needed to start.
Upload your quotation and final invoice. ChargeBasis pairs every charge on its normalised type rather than its wording, reports which part of the difference your documents actually explain, and names the document that would settle the rest.
Charges that travel with this one
- Reweigh / remeasurementThe classic LCL surprise. Only checkable against a dated measurement certificate that names who measured and w…
- StorageDay-counted. Needs a start date, a free-time allowance, and an end date to be checkable.
- DemurrageContainer sitting inside the terminal past free time. Requires availability date, last free day, and gate-out …
- DetentionContainer held outside the terminal past free time. Requires gate-out and empty-return dates.
If this charge is on an invoice you are questioning
- Charges that were never on the quoteSome charges legitimately cannot be quoted in advance and some should have been. How to tell which is which, using the q…
- Your freight invoice is higher than the quoteA practical method for reconciling a freight invoice against the quotation: which differences are contemplated by the qu…
- Can you refuse to pay a freight invoice?What withholding payment on a freight invoice actually does, why a lien over your cargo is the risk nobody mentions, and…
- How long you have to question a freight invoiceFreight trading conditions commonly carry short notice periods. Where to find the one that applies to you, what the cloc…
Common questions
- What is a currency adjustment on a freight invoice?
- Needs the agreed rate source and conversion date, not just a converted total.
- What is a currency adjustment calculated on?
- As a percentage of another amount.
- What should I ask for if I question a currency adjustment?
- Ask for original rate quotation, agreed exchange-rate source and date, line-by-line calculation breakdown. The test is whether the amount matches what was quoted, on the same basis.