Common use of Conversion Services and Fees Clause in Contracts

Conversion Services and Fees. 4.1. You authorize Cleartransfer to initiate debits from your selected payment method(s) in settlement of purchase and/or sale transactions. A Transaction Fee as defined in section 4.2 applies to all purchase and sale transactions. Although Cleartransfer will attempt to deliver supported Digital Currency to you as promptly as possible, funds may be debited from your selected payment method before Digital Currency is delivered to your Cleartransfer Account. We may debit your selected payment method, such as your bank account or credit card, as soon as the same day you initiate the purchase or sale but your payment may take longer to process. In the event that Cleartransfer is unable to fulfill your purchase or sale order, we will notify you and seek your approval to fulfill the purchase or sale order at the contemporaneous Quotation Price. 4.2. Each Conversion Service transaction is subject to a fee on top of the Quotation Price (a “Transaction Fee”), as well as other associated fees, commissions, bank charges, wire transfer charges, clearing house charges, network fees (miner fees), etc. (“Associated Fees”), all of which are payable by you. The applicable Transaction Fee is displayed to you on the Website prior to you completing a Conversion Service transaction. The availability of each payment method depends on a number of factors, including but not limited to your location, the identification information you have provided to us, and limitations imposed by third party payment processors. You can view the current fee applicable to your location and payment method at our fees page. Cleartransfer reserves the right to adjust its Transaction Fees and Associated Fees and any applicable waivers at any time. We will always notify you of the Transaction Fee which applies to your transaction when you authorize the transaction and, in each receipt, we issue to you. You should be aware that in order to carry out purchases or sales of cryptocurrency, Cleartransfer carries out transactions with various third parties and liquidity providers of cryptocurrency, with whom it holds accounts including fiat accounts, cryptocurrency accounts and digital wallets on behalf of Cleartransfer and you hereby acknowledge and agree to the same and to your fiat currencies and cryptocurrencies being held by Cleartransfer in accounts with such third parties and liquidity providers. You should also be aware that the quotation of cryptocurrency for sale or purchase which Cleartransfer receives from the liquidity providers of the cryptocurrency includes a spread or margin for Cleartransfer compared to the offer which Cleartransfer makes to you for the sale or purchase of the cryptocurrency. You should also be aware that the quotation of cryptocurrency for sale or purchases presented to you as “market price” or otherwise as the quoted price for the specific cryptocurrency transaction during the sale or purchase on the Website includes, inter-alia, the liquidity provider fee and Cleartransfer’ s charges for using the technology (the “Quotation Price”). The Quotation Price may be calculated as a weighted price of a number of different buyers or sellers available within the platform, and/or of different liquidity providers, and there may be a time gap between the conversion order and the actual conversion that will affect the price displayed.

Appears in 2 contracts

Samples: End User License Agreement, End User License Agreement

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Conversion Services and Fees. 4.1. You authorize Cleartransfer Ibinex to initiate debits from your selected payment method(s) in settlement of purchase and/or sale transactions. A Transaction Fee as defined in section 4.2 applies to all purchase and sale transactions. Although Cleartransfer Ibinex will attempt to deliver supported Digital Currency to you as promptly as possible, funds may be debited from your selected payment method before Digital Currency is delivered to your Cleartransfer Ibinex Account. We may debit your selected payment method, such as your bank account or credit card, as soon as the same day you initiate the purchase or sale but your payment may take longer to process. In the event that Cleartransfer Ibinex is unable to fulfill your purchase or sale order, we will notify you and seek your approval to fulfill the purchase or sale order at the contemporaneous Quotation Price. 4.2. Each Conversion Service transaction is subject to a fee on top of the Quotation Price (a “Transaction Fee”), as well as other associated fees, commissions, bank charges, wire transfer charges, clearing house charges, network fees (miner fees), etc. (“Associated Fees”), all of which are payable by you. The applicable Transaction Fee is displayed to you on the Website prior to you completing a Conversion Service transaction. The availability of each payment method depends on a number of factors, including but not limited to your location, the identification information you have provided to us, and limitations imposed by third party payment processors. You can view the current fee applicable to your location and payment method at our fees page. Cleartransfer Ibinex reserves the right to adjust its Transaction Fees and Associated Fees and any applicable waivers at any time. We will always notify you of the Transaction Fee which applies to your transaction when you authorize the transaction and, and in each receipt, receipt we issue to you. You should be aware that in order to carry out purchases or sales of cryptocurrency, Cleartransfer Ibinex carries out transactions with various third parties and liquidity providers of cryptocurrency, with whom it holds accounts including fiat accounts, cryptocurrency accounts and digital wallets on behalf of Cleartransfer Ibinex and you hereby acknowledge and agree to the same and to your fiat currencies and cryptocurrencies being held by Cleartransfer Ibinex in accounts with such third parties and liquidity providers. You should also be aware that the quotation of cryptocurrency for sale or purchase which Cleartransfer Ibinex receives from the liquidity providers of the cryptocurrency includes a spread or margin for Cleartransfer Ibinex compared to the offer which Cleartransfer Ibinex makes to you for the sale or purchase of the cryptocurrency. You should also be aware that the quotation of cryptocurrency for sale or purchases presented to you as “market price” or otherwise as the quoted price for the specific cryptocurrency transaction during the sale or purchase on the Website includes, inter-alia, the liquidity provider fee and CleartransferIbinex’ s charges for using the technology (the “Quotation Price”). The Quotation Price may be calculated as a weighted price of a number of different buyers or sellers available within the platform, and/or of different liquidity providers, and there may be a time gap between the conversion order and the actual conversion that will affect the price displayed.

Appears in 2 contracts

Samples: End User License Agreement, End User License Agreement

Conversion Services and Fees. 4.1. You authorize Cleartransfer DAST to initiate debits from your selected payment method(s) in settlement of purchase and/or sale transactions. A Transaction Fee as defined in section 4.2 applies to all purchase and sale transactions. Although Cleartransfer DAST will attempt to deliver supported Digital Currency to you as promptly as possible, funds may be debited from your selected payment method before Digital Currency is delivered to your Cleartransfer DAST Account. We may debit your selected payment method, such as your bank account or credit card, as soon as the same day you initiate the purchase or sale but your payment may take longer to process. In the event that Cleartransfer DAST is unable to fulfill your purchase or sale order, we will notify you and seek your approval to fulfill the purchase or sale order at the contemporaneous Quotation Price. 4.2. Each Conversion Service transaction is subject to a fee on top of the Quotation Price (a “Transaction Fee”), as well as other associated fees, commissions, bank charges, wire transfer charges, clearing house charges, network fees (miner fees), etc. (“Associated Fees”), all of which are payable by you. The applicable Transaction Fee is displayed to you on the Website prior to you completing a Conversion Service transaction. The availability of each payment method depends on a number of factors, including but not limited to your location, the identification information you have provided to us, and limitations imposed by third party payment processors. You can view the current fee applicable to your location and payment method at our fees page. Cleartransfer DAST reserves the right to adjust its Transaction Fees and Associated Fees and any applicable waivers at any time. We will always notify you of the Transaction Fee which applies to your transaction when you authorize the transaction and, and in each receipt, receipt we issue to you. You should be aware that in order to carry out purchases or sales of cryptocurrency, Cleartransfer DAST carries out transactions with various third parties and liquidity providers of cryptocurrency, with whom it holds accounts including fiat accounts, cryptocurrency accounts and digital wallets on behalf of Cleartransfer DAST and you hereby acknowledge and agree to the same and to your fiat currencies and cryptocurrencies being held by Cleartransfer DAST in accounts with such third parties and liquidity providers. You should also be aware that the quotation of cryptocurrency for sale or purchase which Cleartransfer DAST receives from the liquidity providers of the cryptocurrency includes a spread or margin for Cleartransfer DAST compared to the offer which Cleartransfer DAST makes to you for the sale or purchase of the cryptocurrency. You should also be aware that the quotation of cryptocurrency for sale or purchases presented to you as “market price” or otherwise as the quoted price for the specific cryptocurrency transaction during the sale or purchase on the Website includes, inter-alia, the liquidity provider fee and Cleartransfer’ s DAST’s charges for using the technology (the “Quotation Price”). The Quotation Price may be calculated as a weighted price of a number of different buyers or sellers available within the platform, and/or of different liquidity providers, and there may be a time gap between the conversion order and the actual conversion that will affect the price displayed.

Appears in 1 contract

Samples: End User License Agreement

Conversion Services and Fees. 4.11. You authorize Cleartransfer XSHOP to initiate debits from your selected payment method(s) in settlement of purchase and/or sale transactions. A Transaction Fee as defined in section 4.2 applies to all purchase and sale transactions. Although Cleartransfer XSHOP will attempt to deliver supported Digital Currency to you as promptly as possible, funds may be debited from your selected payment method before Digital Currency is delivered to your Cleartransfer XSHOP Account. We may debit your selected payment method, such as your bank account or credit card, as soon as the same day you initiate the purchase or sale but your payment may take longer to process. In the event that Cleartransfer XSHOP is unable to fulfill fulfil your purchase or sale order, we will notify you and seek your approval to fulfill fulfil the purchase or sale order at the contemporaneous Quotation Price. 4.22. Each Conversion Service transaction is subject to a fee on top of the Quotation Price (a “Transaction Fee”), as well as other associated fees, commissions, bank charges, wire transfer charges, clearing house charges, network fees (miner fees), etc. (“Associated Fees”), all of which are payable by you. The applicable Transaction Fee is displayed to you on the Website prior to you completing a Conversion Service transaction. The availability of each payment method depends on a number of factors, including but not limited to your location, the identification information you have provided to us, and limitations imposed by third party payment processors. You can view the current fee applicable to your location and payment method at our fees page. Cleartransfer XSHOP reserves the right to adjust its Transaction Fees and Associated Fees and any applicable waivers at any time. We will always notify you of the Transaction Fee which applies to your transaction when you authorize the transaction and, in each receipt, we issue to you. You should be aware that in order to carry out purchases or sales of cryptocurrency, Cleartransfer XSHOP carries out transactions with various third parties and liquidity providers of cryptocurrency, with whom it holds accounts including fiat accounts, cryptocurrency accounts and digital wallets on behalf of Cleartransfer XSHOP and you hereby acknowledge and agree to the same and to your fiat currencies and cryptocurrencies being held by Cleartransfer XSHOP in accounts with such third parties and liquidity providers. You should also be aware that the quotation of cryptocurrency for sale or purchase which Cleartransfer XSHOP receives from the liquidity providers of the cryptocurrency includes a spread or margin for Cleartransfer XSHOP compared to the offer which Cleartransfer XSHOP makes to you for the sale or purchase of the cryptocurrency. You should also be aware that the quotation of cryptocurrency for sale or purchases presented to you as “market price” or otherwise as the quoted price for the specific cryptocurrency transaction during the sale or purchase on the Website includes, inter-alia, the liquidity provider fee and CleartransferXshop’ s charges for using the technology (the “Quotation Price”). The Quotation Price may be calculated as a weighted price of a number of different buyers or sellers available within the platform, and/or of different liquidity providers, and there may be a time gap between the conversion order and the actual conversion that will affect the price displayed.

Appears in 1 contract

Samples: End User License Agreement

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Conversion Services and Fees. 4.13.1. You authorize Cleartransfer CLEARTRANSFER to initiate debits from your selected payment method(s) in settlement of purchase and/or sale transactions. A Transaction Fee as defined in section 4.2 applies to all purchase and sale transactions. Although Cleartransfer CLEARTRANSFER will attempt to deliver supported Digital Currency to you as promptly as possible, funds may be debited from your selected payment method before Digital Currency is delivered to your Cleartransfer CLEARTRANSFER Account. We may debit your selected payment method, such as your bank account or credit card, as soon as the same day you initiate the purchase or sale but your payment may take longer to process. In the event that Cleartransfer CLEARTRANSFER is unable to fulfill fulfil your purchase or sale order, we will notify you and seek your approval to fulfill fulfil the purchase or sale order at the contemporaneous Quotation Price. 4.23.2. Each Conversion Service transaction is subject to a fee on top of the Quotation Price (a “Transaction Fee”), as well as other associated fees, commissions, bank charges, wire transfer charges, clearing house charges, network fees (miner fees), etc. (“Associated Fees”), all of which are payable by you. The applicable Transaction Fee is displayed to you on the Website prior to you completing a Conversion Service transaction. The availability of each payment method depends on a number of factors, including but not limited to your location, the identification information you have provided to us, and limitations imposed by third party payment processors. You can view the current fee applicable to your location and payment method at our fees page. Cleartransfer CLEARTRANSFER reserves the right to adjust its Transaction Fees and Associated Fees and any applicable waivers at any time. We will always notify you of the Transaction Fee which applies to your transaction when you authorize the transaction and, in each receipt, we issue to you. You should be aware that in order to carry out purchases or sales of cryptocurrency, Cleartransfer CLEARTRANSFER carries out transactions with various third parties and liquidity providers of cryptocurrency, with whom it holds accounts including fiat accounts, cryptocurrency accounts and digital wallets on behalf of Cleartransfer CLEARTRANSFER and you hereby acknowledge and agree to the same and to your fiat currencies and cryptocurrencies being held by Cleartransfer CLEARTRANSFER in accounts with such third parties and liquidity providers. You should also be aware that the quotation of cryptocurrency for sale or purchase which Cleartransfer CLEARTRANSFER receives from the liquidity providers of the cryptocurrency includes a spread or margin for Cleartransfer CLEARTRANSFER compared to the offer which Cleartransfer CLEARTRANSFER makes to you for the sale or purchase of the cryptocurrency. You should also be aware that the quotation of cryptocurrency for sale or purchases presented to you as “market price” or otherwise as the quoted price for the specific cryptocurrency transaction during the sale or purchase on the Website includes, inter-alia, the liquidity provider fee and CleartransferCLEARTRANSFER’ s charges for using the technology (the “Quotation Price”). The Quotation Price may be calculated as a weighted price of a number of different buyers or sellers available within the platform, and/or of different liquidity providers, and there may be a time gap between the conversion order and the actual conversion that will affect the price displayed.

Appears in 1 contract

Samples: End User License Agreement

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