Common use of Foreign Exchange Fluctuation Risk Clause in Contracts

Foreign Exchange Fluctuation Risk. It is hereby expressly acknowledged that a risk of using our Services includes the fact that currencies fluctuate in a manner determined by international financial markets which are outside our control. This means that when you make a payment to us to send money in a different currency to a Recipient, the amount of money that you may pay to make a money transfer on one day may be different to the amount you need to make the same payment on a different day. To give you clarity on the amount of money that is needed to make your payment we will always let you know the rate of exchange used to make your payment at the time you submit a transaction with us. Notwithstanding this, please also note that the relative strength or weakness of a currency in the past is no indicator as to whether that currency will remain so in the future.