Common use of CURRENCY CONVERSION SERVICE Clause in Contracts

CURRENCY CONVERSION SERVICE. All Visa Desjardins purchases or cash advances made in a foreign currency are payable in Canadian currency converted at the exchange rate in effect as determined by Desjardins or its provider on the date the purchase or cash advance is processed. The cardholder may write cheques in Canadian currency only. Any cheque written in foreign currency will automatically be returned to the cardholder. The cardholder shall pay a currency conversion charge of 2.50% ($2.50 per and converted into Canadian dollars. The amount payable in exchange rate charges and the currency conversion charge is deemed to be a regular purchase within the meaning of Section 9 of this Agreement and will be charged to the cardholder’s account on the date the currency is converted. In the event that a foreign currency conversion transaction is credited to the cardholder’s Visa Desjardins account, the transaction will be converted into Canadian currency at the exchange rate in effect as determined by Desjardins or its provider on the date the credit is processed, minus a currency conversion charge of 2.50% ($2.50 per $100 spent).

Appears in 4 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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CURRENCY CONVERSION SERVICE. All Visa Desjardins purchases or cash advances made in a foreign currency are payable in Canadian currency converted at the exchange rate in effect as determined by Desjardins Xxxxxxxxxx Group or its provider on the date the purchase or cash advance is processed. The cardholder may write cheques in Canadian currency only. Any cheque written in foreign currency will automatically be returned to the cardholder. The cardholder shall pay a currency conversion charge of 2.502.5% ($2.50 per currencies and converted into Canadian dollars. The amount payable in exchange rate charges and the currency conversion charge is deemed to be a regular purchase within the meaning of Section 9 of this Agreement and will be charged to the cardholder’s account on the date the currency is converted. In the event that a foreign currency conversion transaction is credited to the cardholder’s Visa Desjardins account, the transaction will be converted into Canadian currency at the exchange rate in effect as determined by Desjardins Xxxxxxxxxx Group or its provider on the date the credit is processed, minus a currency conversion charge of 2.502.5% ($2.50 per $100 spent).

Appears in 3 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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CURRENCY CONVERSION SERVICE. All Visa Desjardins purchases or cash advances made in a foreign currency are payable in Canadian currency converted at the exchange rate in effect as determined by Desjardins or its provider on the date the purchase or cash advance is processed. The cardholder may write cheques in Canadian currency only. Any cheque written in foreign currency will automatically be returned to the cardholder. The cardholder shall pay a currency conversion charge of 2.50% ($2.50 per currencies and converted into Canadian dollars. The amount payable in exchange rate charges and the currency conversion charge is deemed to be a regular purchase within the meaning of Section 9 of this Agreement and will be charged to the cardholder’s account on the date the currency is converted. In the event that a foreign currency conversion transaction is credited to the cardholder’s Visa Desjardins account, the transaction will be converted into Canadian currency at the exchange rate in effect as determined by Desjardins or its provider on the date the credit is processed, minus a currency conversion charge of 2.50% ($2.50 per $100 spent).

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

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