Common use of TRANSACTIONS IN FOREIGN CURRENCIES Clause in Contracts

TRANSACTIONS IN FOREIGN CURRENCIES. (a) Card transactions effected in US dollars will be converted into Singapore dollars. Card transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars. The currency conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by Visa, depending on whether the conversion is performed by us or Visa. (b) Notwithstanding clause 6.9(a), if you have chosen to convert your overseas card transaction into Singapore dollars via dynamic currency conversion (a service offered at certain overseas ATMs and merchants), you acknowledge that the process of conversion and the exchange rates applied will be determined by the relevant ATM operator, merchant or dynamic currency conversion service provider, as the case may be.

TRANSACTIONS IN FOREIGN CURRENCIES. (a) Card transactions effected in US dollars will be converted into Singapore dollars. Card transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars. The currency conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by VisaVisa or MasterCard International, depending on whether the conversion is performed done by us us, Visa or VisaMasterCard International. (b) Notwithstanding clause 6.9(a), if you have chosen to convert your overseas card transaction into Singapore dollars via dynamic currency conversion (a service offered at certain overseas ATMs and merchants), you acknowledge that the process of conversion and the exchange rates applied will be determined by the relevant ATM operator, merchant or dynamic currency conversion service provider, as the case may be.

TRANSACTIONS IN FOREIGN CURRENCIES. (a) Card transactions effected in US dollars will be converted into Singapore dollars. Card transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars. The currency conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by VisaMasterCard International, depending on whether the conversion is performed done by us or VisaMasterCard International. (b) Notwithstanding clause 6.9(a), if you have chosen to convert your overseas card transaction into Singapore dollars via dynamic currency conversion (a service offered at certain overseas ATMs and merchants), you acknowledge that the process of conversion and the exchange rates applied will be determined by the relevant ATM operator, merchant or dynamic currency conversion service provider, as the case may be.