Reference Exchange Rate definition

Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;
Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this agreement, the buying rate of such currency as of 12:00 noon on the relevant date notified by the State Bank of india, and in absence of such rate, the average of similar rates notified by Bank of India and Bank of Baroda.
Reference Exchange Rate means the foreign exchange rate used as a basis in the calculation of each currency exchange and which is rendered available by the Payment Service Provider or originates from a source available to the public.

Examples of Reference Exchange Rate in a sentence

  • Changes to the Reference Exchange Rate agreed upon herein shall come into effect immediately and without prior notification.

  • AirPlus determines the Reference Exchange Rate every banking day and publishes it in the AirPlus Business Travel Portal.

  • The Reference Exchange Rate is determined by AirPlus every banking day and is published in the AirPlus Business Travel Portal.

  • You can ask us for an indication of the Reference Exchange Rate at any time by calling us, but as the rate changes to reflect currency market movements, we will not be able to confirm to you the Reference Exchange Rate until we receive the payment.

  • If the original transaction currency is different from settlement currency with MasterCard (EUR and/or USD), by the case, MasterCard will exchange the original transaction value into the settlement currency at Mastercard Reference Exchange Rate.


More Definitions of Reference Exchange Rate

Reference Exchange Rate means a publicly available rate used to convert one currency into another. The rate may be set by us or a third party.
Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as of 12.00 (twelve) noon on the relevant date quoted in Delhi by the Reserve Bank of India (RBI);
Reference Exchange Rate means the exchange rate used as the basis for calculating the currency exchange and which is displayed at the Bank's counters and on the website: xxx.xxxxxxxxx.xx or which comes from a public source.
Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as of
Reference Exchange Rate means the Bank of Canada closing rate as found on www.bankofcanada.ca/rates/exchange/.
Reference Exchange Rate means the US dollar/Canadian dollar closing spot rate determined at 4:00p.m. (Toronto time), or another US dollar/Canadian dollar exchange rate deemed appropriate by the Manager.
Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of the Agreement, the exchange rate as of