Card Currency definition

Card Currency means the currency in which the Eligible Cardholder receives Card statements from the Card Issuer;

Card Currency means the currency/currencies associated with each Card thereby issued by the Bank in which the settlement of the Card Account and any other Charges in relation to the Card shall be based on.

Card Currency means AED.

Examples of Card Currency in a sentence

• Any payment made in the Card Currency will be credited to the Card Account only on the date that the Bank actually received the required funds in its books.

• The Cardholder agrees to make all payments in the billing currency (Card Currency) of the Card Account.

• If any payment is made in any other currency, the Bank reserves the right to convert such currency to UAE Dirham or the Card Currency subject to the Bank’s prevailing exchange rate as on the date of posting the payment into the Card Account.

• Whereas payment if received in any other currency, such payment shall be credited to the Card Account after the date when the relevant funds have been actually received by the Bank after conversion into the Card Currency and credited to the Card Account.

• Any payment you make in the Card Currency will be credited to the Card Account only on the date on which we receive the required funds for value in our books.

• If you make payments in any other currency, you shall pay to us all exchange, commission and other charges or losses we may incur in converting such payments to the Card Currency.

• If you use your Card for transactions made in currencies other than a Card Currency, the transactions will be converted to the Default Card Currency under the regulations established by MasterCard International Incorporated (“MasterCard”) in effect.

• Conversion to The Default Card Currency may occur on a date other than the date of the transaction.

• The Card Currency Exchange Rate used for allocating funds from one Card Currency to another Card Currency is set and determined by Us. These can be found on the Website.

• Any non-base Card Currencies on the card will be converted at the then current Card Currency Exchange Rate and standard currency exchange charges will apply.

More Definitions of Card Currency

Card Currency means the currency of the Current Account to which the Payment Card is issued. In the case of Charge Payment Cards, it is the currency of the Loan Facility. In the case of Credit Payment Cards, it is the currency of the Loan Limit.

Card Currency means the base currency of the Card as detailed in the application made by the cardholder for a Card; “Cardholder” means any person to whom we issue a Card;

Card Currency means the Dirham (AED), the lawful currency of the United Arab Emirates. Card or Credit Card means Credit Card issued by us Ajman Bank to you or to any Supplementary Cardholder(s) from time to time in the Card Currency, and includes, as appropriate, Supplementary, renewed or replacement Credit Card.

Card Currency means the currency in which your Available Balance is denominated.

Card Currency means the currency of the Current Account to which a Payment Card was issued. With respect to Payment Charge Cards, this means the currency in which the Line of Credit is maintained.