TRANSACTIONS INVOLVING FOREIGN CURRENCY Sample Clauses

TRANSACTIONS INVOLVING FOREIGN CURRENCY. If the currency of any Card Transaction is different from that which your Designated Account is maintained, we shall be entitled to convert such transaction into the currency of your Designated Account or any other currency at such rate(s) of exchange as we may determine; and debit your Designated Account with the amount of the Card Transaction. We may charge, credit and debit, as applicable, all sums payable to us under this Agreement to your Designated Account and for this purpose convert credits and charges incurred into the currency of your Designated Account at such rate(s) of exchange as we may determine. We reserve the right to charge a fee for every Card Transaction entered into in a different currency from that of your Designated Account.
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TRANSACTIONS INVOLVING FOREIGN CURRENCY. 13.1 Where the Card Transaction is effected in a currency not available or linked to a Card, such transaction will be debited to the SGD sub-account after conversion to SGD at an exchange rate determined by the Card Merchant. The exchange rate applied is determined on the date of posting to the card account and may be different from the rate in effect on the date the transaction is made due to market fluctuations. The converted amount, together with an applicable administrative fee of 1.5% (or such other rate as determined by the Bank and notified to the Cardmembers) levied by the Bank, and any assessment fee(s) charged by Card Merchant will be debited to the relevant Card Account.
TRANSACTIONS INVOLVING FOREIGN CURRENCY. If the currency of any card transaction is different from that which your Card Account is maintained, we shall be entitled to convert such transaction into the currency of your Card Account or any other currency at such rate(s) of exchange as we may determine; and debit your Card Account with the amount of the card transaction. We may charge, credit and debit, as applicable, all sums payable to us under this Agreement to your Card Account and for this purpose convert credits and charges incurred into the currency of your Card Account at such rate (s) of exchange as we may determine.
TRANSACTIONS INVOLVING FOREIGN CURRENCY. If the currency of any Card Transaction is different from that which your Card Transaction account(s) is maintained, we and/or a Participant shall be entitled to convert such transaction into the currency of your relevant Card Transaction account or any other currency at such rate(s) of exchange as we and/or a Participant may determine; and we may debit your relevant Card Transaction account, as the case may be, with the amount of the card transaction. We may charge, credit and debit, as applicable, all sums payable to us under this Agreement to your relevant Card Transaction account and for this purpose convert credits and charges incurred into the currency of your Card Transaction account at such rate(s) of exchange as we may determine.
TRANSACTIONS INVOLVING FOREIGN CURRENCY. If the currency of any Card Transaction is different from that which your Designated Account is maintained, we shall be entitled to convert such transaction into the currency of your Designated Account or any other currency at such rate(s) of exchange as we may determine; and debit your Designated Account with the amount of the Card Transaction. We may charge, credit and debit, as applicable, all sums payable to us under this Agreement to your Designated Account and for this purpose convert credits and charges incurred into the currency of your Designated Account at such rate(s) of exchange as we may determine. We reserve the right to charge a fee for every Card Transaction entered into in a different currency from that of your Designated Account. Where your Card is tagged to a Designated Account and used for any and/or all Foreign Currency funds in the account, Foreign Currency Card Transactions and Foreign Currency Cash Withdrawal will be directly debited from the respective Foreign Currency deposits within the Designated Account provided that there are sufficient funds in the relevant Foreign Currency. If there are insufficient funds in such particular Foreign Currency in your Designated Account, we shall be entitled to convert such transaction into Singapore Dollars at such rate)s of exchange as we may determine; and debit your Singapore Dollar deposits within the Designated Account tagged to the Card. If there are insufficient funds in your Singapore Dollar deposits within Designated Account, the Card Transaction will be rejected.

Related to TRANSACTIONS INVOLVING FOREIGN CURRENCY

  • Foreign Currency Transactions If the Depositor provides instructions to the Financial Institution on an Account that is denominated in a currency other than the currency of the Account, a conversion of currency may be required. In all such Transactions and at any time a conversion of currency is made, the Financial Institution may act as principal with the Depositor in converting the currency at rates established or determined by the Financial Institution, affiliated parties, or parties with whom the Financial Institution contracts. The Financial Institution, its affiliates, and contractors may earn revenue and commissions, in addition to applicable service charges, based on the difference between the applicable bid and ask rates for the currency and the rate at which the rate is offset in the market.

  • Transactions Made in Foreign Currencies If a transaction is made in a foreign currency, we and Mastercard International or VISA International, depending on which card is used, will convert the transaction into a U.S. dollar amount. Mastercard and VISA will act in accordance with their operating regulations or conversion procedures in effect at the time the transaction is processed. Currently, their regulations and procedures provide that the currency conversion rate they use, to determine the transaction amount in U.S. dollar, is either (a) a wholesale market rate, or (b) a government-mandated rate in effect one day prior to the processing date. Mastercard and VISA increase this conversion rate by one percent (1%) and keep this increase as compensation for performing the currency conversion service. We will charge you two percent (2%) of the U.S. dollar amount of the transaction converted from a foreign currency. The currency conversion rate calculated in this manner that is in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Other Charges. You agree we may assess, in addition to the Interest Charge, the Other Charges below which charges will be earned when assessed and are not subject to refund or rebate. The following fees may be added, as applicable, to the Account and treated as a Purchase as indicated on the Insert:

  • Foreign Currency The term “

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