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.