Common use of Foreign Currency Conversions Clause in Contracts

Foreign Currency Conversions. If you make a purchase in a foreign currency, Visa will convert the purchase amount in the foreign currency into U.S. dollars using its own currency conversion procedures and send us the converted amount, unless you accept a specified amount in U.S. dollars at the time of the purchase. The exchange rate used to convert the purchase to U.S. dollars may differ from the rate that was in effect when you made the purchase or when the purchase posted to your Account. If any purchase made in a foreign currency is returned or exchanged, the exchange rate is determined as of the date of the return or exchange.