Common use of TRANSACTIONS IN A FOREIGN CURRENCY Clause in Contracts

TRANSACTIONS IN A FOREIGN CURRENCY. If you make a purchase using your Card in a currency other than in U.S. dollars, the amount deducted from the available funds in the Card Account will be converted by VISA into U.S. dollars. The applicable exchange rate will be selected by VISA from the range of rates available in wholesale currency markets for the applicable central processing date, which may vary from the rate VISA itself receives or the government-mandated rate. The exchange rate used on the central processing date may be different than the rate that was in effect on the date you performed the transaction.

Appears in 3 contracts

Samples: Consumer Cardholder Agreement, Consumer Cardholder Agreement, Consumer Deposit Account Agreement

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TRANSACTIONS IN A FOREIGN CURRENCY. If you make a purchase using your Card in a currency other than in U.S. dollars, the amount deducted from the available funds in the Card Account will be converted by VISA Mastercard® into U.S. dollars. The applicable exchange rate will be selected by VISA Mastercard® from the range of rates available in wholesale currency markets for the applicable central processing date, which may vary from the rate VISA Mastercard® itself receives or the government-mandated rate. The exchange rate used on the central processing date may be different than the rate that was in effect on the date you performed the transaction.

Appears in 2 contracts

Samples: Cardholder Agreement, Business Debit Mastercard® Cardholder Agreement

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