Foreign Exchange Services. 17.1. In the course of providing services to the Client the Company may need to make currency conversions. The Company is entitled, without prior notice to the Client, to make any currency conversions which the Company considers necessary or desirable for the purposes of complying with its obligations or exercising its rights under the Agreement. Any such conversion shall be effected by the Company in such manner and at such rates as the Company may in its discretion determine, having regards to the prevailing rates for freely convertible currencies. The Company shall be entitled to charge to the Client and retain for the Company’s account the expenses incurred with regard to currency conversions for the Client, including commissions to banks, money transfer fees, commissions to intermediaries.
Foreign Exchange Services. This Service Description describes the terms and conditions under which we will make available to you our FX Transaction Service (“Service”), which is provided through our Online Banking for Business service (“OLBB”), as described in this Service Description. Your use of this Service is limited to foreign exchange spot and forward transactions (the types of which as permitted by us from time to time) (collectively called “FX Transactions” or individually, an “FX Transaction”). Your use of the Service will be subject to any credit restrictions, limitations, and other arrangements established by us. Your use of the Service is governed by the Master Agreement, this Service Description and the Service Documentation as updated and amended from time to time. Before using the Service you may be required to establish a deposit account (“Account”) with us which Account will be subject to our applicable deposit account agreement. In the event you have also entered into an ISDA Master Agreement with us, the terms of such ISA Master Agreement will remain in full force and effect. In the event of a conflict between the terms of the Master Agreement and your ISDA Master Agreement, the terms of the ISDA Master Agreement shall control.
Foreign Exchange Services. We hold an Australian Financial Services Licence authorising us to provide foreign exchange products and services. We offer Spot Contracts (to be settled within 2 days) and Forward Contracts (to be settled between 2 days and 12 months), the details and mechanics of which are explained in our PDS. You should read the PDS before entering into this agreement, so that you understand exactly how our service operates.
Foreign Exchange Services. 7.1 At Freemarket, you can exchange your currency:
Foreign Exchange Services. Borrower may enter into foreign exchange forward contracts with the Bank under which Borrower commits to purchase from or sell to Bank a set amount of foreign currency more than one business day after the contract date (a "FX Forward Contract"). The total FX Forward Contracts at any one time may not exceed 10 times the amount of the Other Services Availability. Bank may terminate the FX Forward Contracts if an Event of Default occurs.
Foreign Exchange Services. We hold an Australian Financial Services Licence authorising us to provide foreign exchange products and services. We offer Spot Contracts, Forward Contracts and Options, the details and mechanics of which are explained in our PDS. You should read our PDS before signing this agreement so that you understand exactly how our service operates.
Foreign Exchange Services. Key Currency may enter into transactions for the sale, purchase and delivery of currency (‘FX Contracts’) with the Client in accordance with an instruction by the Client (such instruction being an 'FX Order'). FX Contracts may include spot contracts, fixed forward contracts, open forward contracts, limit orders and stop orders (as detailed on the Key Currency website).
Foreign Exchange Services. Where as a result of the execution of an International Transaction by Pershing an amount is to be paid by you to Pershing in a currency (Foreign Currency) other than Australian dollars, Pershing will arrange for conversion of the Australian dollars provided by you to Pershing into that Foreign Currency in a manner, at the conversion rate and at the time that Xxxxxxxx decides in its absolute discretion. Where, as a result of the execution of an International Transaction by Xxxxxxxx or the holding of any International Securities by Pershing Nominees for you under these Terms and Conditions, an amount (such as the proceeds of sale of International Securities or a dividend or other distribution paid in respect of International Securities) is to be paid to you by Pershing in a Foreign Currency, Pershing will arrange for the conversion of the Foreign Currency into Australian dollars in a manner, at the conversion rate and at that the time that Xxxxxxxx decides in its absolute discretion. Unless Pershing has agreed alternative arrangements with you, Pershing will pay (or arrange for the payment of) all such converted amounts directly to you. Pershing will not be liable for any loss suffered by you as a result of the conversion of an amount to or from Australian dollars or as a result of the timing of such conversion.
Foreign Exchange Services. (a) Whereas a result of the execution of an International Transaction by Openmarkets an amount is to be paid by you to Openmarkets in a currency (Foreign Currency) other than Australian dollars, Openmarkets will arrange for conversion of the Australian dollars provided by you to Openmarkets into that Foreign Currency in a manner, at the conversion rate and at the time that Openmarkets decides in its absolute discretion.
Foreign Exchange Services. The Finance Company may on application of the Company provide the Group with settlement and sales foreign exchange services. The exchange rates to be offered by the Finance Company will not be less favorable than that offered by other domestic financial institutions for similar services.
