Common use of Currency Exchange Clause in Contracts

Currency Exchange. Transactions in another currency than the domestic currency of the domicile of the account holder (“Domestic currency”) are converted into the domestic currency at the exchange rate applied by Eurocard. The exchange rate shall be comprised of an exchange rate which Eurocard receives from Mastercard, applicable on the date when the purchase is made or the date on which the transaction reaches Eurocard, plus to a currency exchange supplement as specified in the Price Appendix (please see the section below). The account holder shall be liable for any currency risk during the period from the purchase or cash withdrawal until the transaction is received by Eurocard in case the exchange rate on the date on which the transaction reaches Eurocard applies. This shall also apply to purchases and cash withdrawals in the domestic country of the domicile of the account holder in a currency other than the Domestic currency. In order to facilitate a comparison of different companies' currency exchange charges for EEA currencies within the EEA, Eurocard also daily presents Eurocard’s currency exchange charges in relation to the European Central Bank’s (ECB) reference exchange rates. This information can be found e.g. on the website and in the Eurocard-app. The exchange rate for a given transaction shall be provided by Eurocard at the account holder’s request. With regard to transactions that have been made in another currency than the Domestic currency, the cardholder may be given the opportunity to authorise the transaction with the merchant in the Domestic currency. In such a situation, the account holder shall be aware that the amount authorised in the Domestic currency is the amount that will be posted on the account, and that Eurocard has no knowledge of and shall not be liable for the conversion that is performed into the Domestic currency and that the exchange rate that is applied may not be the same as that which Eurocard would apply to the same transaction.

Currency Exchange. Transactions in another currency than the domestic currency of the domicile of the account holder (“Domestic currency”) are converted into the domestic currency at the exchange rate applied by Eurocard. The exchange rate shall be comprised of an exchange rate which Eurocard receives from Mastercard, applicable on the date when the purchase is made or the date on which the transaction reaches Eurocard, plus to a currency exchange supplement as specified in the Price Appendix (please see the section below). The account holder shall be liable for any currency risk during the period from the purchase or cash withdrawal until the transaction is received by Eurocard in case the exchange rate on the date on which the transaction reaches Eurocard applies. This shall also apply to purchases and cash withdrawals in the domestic country of the domicile of the account holder in a currency other than the Domestic currency. In order to facilitate a comparison of different companies' currency exchange charges for EEA currencies within the EEA, Eurocard also daily presents Eurocard’s currency exchange charges in relation to the European Central Bank’s (ECB) reference exchange rates. This information can be found e.g. on the website and in the Eurocard-app. The exchange rate for a given transaction shall be provided by Eurocard at the account holder’s request. With regard to transactions that have been made in another currency than the Domestic currency, the cardholder account holder may be given the opportunity to authorise the transaction with the merchant in the Domestic currency. In such a situation, the account holder shall be aware that the amount authorised in the Domestic currency is the amount that will be posted on the account, and that Eurocard has no knowledge of and shall not be liable for the conversion that is performed into the Domestic currency and that the exchange rate that is applied may not be the same as that which Eurocard would apply to the same transaction.

Currency Exchange. Transactions in another currency than the domestic currency of the domicile of the account holder (“Domestic currency”) are shall be converted into the domestic currency SEK at the exchange rate applied by Eurocard. The exchange rate shall be comprised consist of an exchange rate which Eurocard receives from Mastercard, applicable on the date when the purchase is made or the date on which the transaction reaches Eurocard, plus in addition to a currency exchange supplement as specified in the Price Appendix (please see the section below). The account holder shall be liable for any currency risk during the period from the purchase or cash withdrawal until the transaction is received by Eurocard in case the exchange rate on the date on which the transaction reaches Eurocard applies. This shall also apply to purchases and cash withdrawals in the domestic country of the domicile of the account holder Sweden in a currency other than the Domestic currencySEK. In order to facilitate a comparison of different companies' currency exchange charges for EEA currencies within the EEA, Eurocard also daily presents Eurocard’s currency exchange charges in relation to the European Central Bank’s (ECB) reference exchange rates. This information can be found e.g. on the website and in the Eurocard-app. Information for a given transaction is also provided in accordance with the paragraph below. If the cardholder makes a purchase or withdrawal in an EEA currency other than SEK, Eurocard sends information about currency exchange charges in an electronic message to the cardholder, e.g. by push notification, sms or in another way in accordance with Section 19. Electronic messages are sent at the first transaction in the relevant EEA currency and thereafter at least once a month. The cardholder can choose, in the manner stated in the Eurocard-app or on the website, that Eurocard shall no longer send such electronic messages. For Eurocard Corporate with personal payment liability, the exchange rate for a given transaction shall be provided by Eurocard at the account holder’s request. With regard to transactions that have been made in another currency than the Domestic currency, the cardholder may be given the opportunity to authorise the transaction with the a merchant or an ATM in the Domestic currencySEK. In such a situation, the account holder shall be aware that the amount authorised in the Domestic currency SEK is the amount that will be posted on the account, and that Eurocard has no knowledge of and shall not be liable for the conversion that is performed into the Domestic currency SEK and that the exchange rate that is applied may not be the same as that which Eurocard would apply to the same transaction.