Account Balance Aggregation and Currency Translation Rules
Account Balance Aggregation and Currency Translation Rules Sample Clauses
Related to Account Balance Aggregation and Currency Translation Rules
Currency Translation Rule For purposes of determining the balance or value of accounts denominated in a currency other than the U.S. dollar, a Reporting Financial Institution must convert the dollar threshold amounts described in this Annex I into such currency using a published spot rate determined as of the last day of the calendar year preceding the year in which the Reporting Financial Institution is determining the balance or value.
