Foreign Transaction Fee definition

Foreign Transaction Fee. For any charge or cash advance outside the United States or in a foreign currency, you will pay a transaction fee equal to 3% of the U.S. dollar amount of the transaction. If a charge or cash advance is converted into U.S. dollars our network providers (Visa, Mastercard, and Discover) will select either (1) a rate from the range of rates available in wholesale currency markets for the applicable central processing date, which may vary from the rate the network provider itself receives, or (2) a government-mandated rate in effect for the applicable central processing date.
Foreign Transaction Fee means the Fee Elavon assesses on a Foreign Transaction. If the Foreign Transaction is not made in the Billing Currency, then the currency of the Foreign Transaction must be converted into the Billing Currency, and Xxxxxx will assess a Foreign Transaction Fee of up to 2.5% of the resulting Billing Currency amount.
Foreign Transaction Fee means the fee U.S. Bank assesses on a Foreign Transaction. If the Foreign Transaction is not made in U.S. Dollars (the same currency in which the account is billed), then the currency of the Foreign Transaction must be converted into U.S. Dollars and U.S. Bank will assess a Foreign Transaction Fee of up to two and one-half percent (2.5%) of the resulting U.S. Dollar amount.

Examples of Foreign Transaction Fee in a sentence

  • The Foreign Transaction Fee is set forth on the Disclosure accompanying this Agreement.

  • To the converted transaction we will not add a Foreign Transaction Fee INTEREST CHARGE.

  • The card association may consider transactions occurring in U.S. territories to be Foreign Transactions, so transactions originating from these locations may be subject to a Foreign Transaction Fee.

  • In addition, you will be charged a Foreign Transaction Fee of up to 1% of the transaction amount for any card transaction made in a foreign country.

  • To the converted transaction we will add a Foreign Transaction Fee INTEREST CHARGE.


More Definitions of Foreign Transaction Fee

Foreign Transaction Fee means the fee U.S. Bank charges on the amount of any Debt or other Transaction posted to an Account that is not in the same currency in which the Account is billed and which must be converted to the currency used for billing purposes.
Foreign Transaction Fee means, with regard to a Foreign Transaction, any amount (however characterized), over and above the amount of any Base Exchange Amount, applied because the transaction is a Foreign Transaction or because currency conversion (or “translation”) was performed.
Foreign Transaction Fee. A fee of 3% of each transaction made (1) in a foreign currency, (2) outside of the United States, or (3) with a foreign merchant, even if that transaction is made in U.S. dollars. We may charge a Foreign Transaction Fee for each transaction (including returns or refunds) at the time we add the transaction to your Account. The fee will be based on the U.S. dollar amount Visa or MasterCard provided to us.
Foreign Transaction Fee. A charge applied to purchase made in foreign countries (outside the United States). Purchases made online from your home country where the vendor is foreign and processes the transaction in its local currency. Fraud: Unauthorized use of a card, resulting in an acquisition whereby the Purchasing Entity does not benefit. Implementation: Process of putting all card program functions and activities into place. Individual Liability: Cardholder is liable for all card transactions and fees. Individually Billed Accounts (IBA): Card account is billed directly to the cardholder. IBA accounts are typically paid directly by the Cardholder.
Foreign Transaction Fee. A fee of 2% of each transaction made (1) in a foreign currency,
Foreign Transaction Fee. For Purchases and Cash Advances processed outside of the United States of America, we will charge your account a Foreign Transaction fee of 3% of the transaction amount, regardless of whether there is a currency conversion associated with the transaction. A Purchase or Cash Advance processed outside of the United States of America means any Purchase or Cash Advance that you complete or a merchant processes on your card, including through the Internet, outside of the fifty United States, Puerto Rico or the U.S. Virgin Islands. As outlined in Section 14 Foreign Transactions, Purchases and Xxxx Advances made in foreign currencies will be billed to you in U.S. dollars.
Foreign Transaction Fee means the Fee Elavon assesses on a Foreign Transaction. If the Foreign Transaction is not made in the Billing Currency, then the currency of the Foreign Transaction must be converted into the Billing Currency, and Elavon will assess a Foreign Transaction Fee of up to two and one-half percent (2.5%) of the resulting Billing Currency amount.