Charges in Foreign Currencies. If you make a Charge, cash/cheque withdrawal in a currency other than U.S. Dollars, that Charge, cash/cheque withdrawal will be converted into U.S. Dollars. The conversion will take place on the date the Charge, cash/cheque withdrawal is processed by American Express, which may not be the same date on which you made your cash/cheque withdrawal as it depends on when the cash/cheque withdrawal was submitted to American Express. Unless a specific rate is required by applicable law, you understand and agree that the American Express treasury system will use a conversion rate based on interbank rates that it selects from customary industry sources on the business day prior to the processing date, increased by a single conversion commission of 3.5% + applicable taxes. If Charge, cash/cheque withdrawals are converted by third parties prior to being submitted to us, any conversions made by those third parties will be at rates selected by them.
Charges in Foreign Currencies. If a charge is incurred in a foreign currency, the charge will be converted into a U.S. dollar amount in accordance with Visa’s most recently published conversion procedures in effect at the time the transaction is processed. Currently, Visa uses either a wholesale market rate or a government-mandated rate in effect under those procedures and adds a conversion charge in an amount determined by Visa. The currency conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or the posting date.
Charges in Foreign Currencies. Charges in foreign currency (other than in USD), will be initially converted into USD currency and subsequently to Indian Rupees using the exchange rate established by the bank for such transactions on the date when the charges are processed by the bank or authorised agents, plus any applicable conversion commission. Amounts converted by third parties such as airlines or other establishments will be billed at their rates. STATEMENT OF ACCOUNTS The Bank will mail a Statement of transactions in the Card Account every month on a pre-determined date, to the mailing address provided by the Cardmember. Non-receipt of the Statement for any reasons whatsoever is not a valid reason for non-payment of dues. Should the Cardmember not receive the Statement within 7 days from the usual Statement date, the Cardmember is requested to call the HDFC Bank Credit Card Division to check the amount payable. Requests for duplicate Statements will attract charges as determined by the Bank from time to time. The Statement date is pre-determined and cannot be changed. The Cardmember further agrees that the Bank may round off the bill as determined appropriate by the Bank from time to time. The amount paid in excess of the actual bill amount will be adjusted in the next billing cycle. The Cardmember should promptly notify the Bank of any unauthorised transactions appearing on the Statement to enable investigation/amendments (if necessary). These transactions should be notified/referred within 30 days from the date of the Statement, after the expiry of which the Bank will not be liable for any refunds that may be related to such transactions. The Statement will detail all transactions received and processed in the Card Account including any refunds or payments made since the date of previous Statement and up to the close of business on the day of the current Statement date. The amount outstanding on the Cardmember’s Statement will be made up of the following: • The amounts charged for all goods and services purchased by the use of card including all mail and telephone order, or over the internet and authorised by the Cardmember to be charged to the Card Account. • Cash advances on the Cardmember’s Card Account including those incurred through Automated Teller Machines (ATMs) wherever applicable. • The charges set out elsewhere in the Cardmember Agreement (e.g., Fees, Service Charges, Taxes as applicable etc.) The Cardmember should check each Statement of Account carefully on receipt...
