Common use of Conversion of Exchange Rates Clause in Contracts

Conversion of Exchange Rates. 19.01 Transactions in currencies other than Hong Kong Dollars will be debited to the Card Account after the process of conversion from the foreign currency into Hong Kong Dollars at the prevailing conversion rate equivalent to the exchange rate as required and published by either Visa Worldwide Pte. Ltd.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

AutoNDA by SimpleDocs

Conversion of Exchange Rates. 19.01 Transactions in currencies other than Hong Kong Dollars will be debited to the Card Account after the process of conversion from the foreign currency into Hong Kong Dollars at the prevailing conversion rate equivalent to the exchange rate as required and published by either Visa Worldwide Pte. Ltd.Ltd. or MasterCard Asia/Pacific Pte. Ltd. and where appropriate by the State Administration of Exchange Control in the People's Republic of China or relevant organizations (for Renminbi currency only). A xxxx-up on the conversion rate published by Visa Worldwide Pte. Ltd. or MasterCard

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!