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 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

  • 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 Division takes care in Money Changing activities such as buying and selling Travelers Cheques, Travel Card, Currency Notes of all major traded currencies of the world.

  • If you use your Card in respect of a transaction in a Card Currency, the funds maintained on your Card in such Card Currency will be utilized for such transaction.

  • If a Charge is submitted to us or transacted on the Account in a currency other than the Card Currency, or if we receive a refund in a currency other than the Card Currency, we will apply a currency conversion rate to the Charge or refund and a Non-Card Currency Transaction Fee as set out in the Fees Schedule from time to time.

  • Whenever a payment is received in any other currency, such a payment shall be credited after the date when the payment is converted to the Card Currency or when the relevant funds have been received for value by us in Ajman and credited to the Card Account.

  • If a Charge is submitted to us or transacted on the Account in a currency other than the Card Currency, or if we receive a refund in a currency other than the Card Currency, that Charge or refund will be converted into the Card Currency using the Numarqe Exchange Rate, to which amount to which a non-Card Currency transaction fee will be applied.

  • If insufficient funds in such Card Currency exist on your Card, funds in other Card Currencies will be converted to the applicable transaction Card Currency in accordance with procedures outlined in Section 14 below.

  • Your Statements will show important information about your Account and activity on it in the period, such as the overall outstanding balance for the Account (shown in the Account Currency) on the Statement Date, the outstanding balance for each Card in issue (shown in the Card Currency), the amounts due, the Due Date for payment, any applicable currency conversion rate, applicable fees and details of all Charges in the relevant period.

  • Since a Charge converted via the third party will be submitted to us in the Card Currency, we will not apply a non-Card Currency transaction fee.


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 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.
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.

Related to Card Currency

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • First Currency has the meaning specified in Section 1.15.

  • Settlement Currency means Pounds sterling ("GBP").

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Second Currency has the meaning specified in Section 14.19.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Payment Currency has the meaning given in Clause 21.4;

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Other Currency has the meaning specified in Section 1.15.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Agreement Currency has the meaning specified in Section 10.19.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 12 January 2022.

  • Termination Currency means United States Dollars.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.