Common use of Transactions Made in Foreign Currencies Clause in Contracts

Transactions Made in Foreign Currencies. If you withdraw money or make a purchase in a foreign currency, the amount deducted from the available balance of the Bank Account will be converted by Visa into the amount in United States Dollars. The exchange rate is set 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 in effect for the applicable central processing date.

Appears in 6 contracts

Samples: Bank Account Agreement, Bank Account Agreement, Bank Account Agreement

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Transactions Made in Foreign Currencies. If you withdraw money or make a purchase in a foreign currency, the amount deducted from the available balance of the Varo Bank Account will be converted by Visa into the amount in United States Dollars. The exchange rate is set 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 in effect for the applicable central processing date.

Appears in 4 contracts

Samples: Bank Account Agreement, Bank Account Agreement, Bank Account Agreement

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