Examples of Supported Currency in a sentence
If a sovereign risk event occurs, there is an additional risk of the subsequent devaluation and/or lack of convertibility from or to that Supported Currency.
Company’s ability to execute desired Multi-Currency Account Transactions may be limited by operational or systems constraints and Company’s ability to execute desired Supported Currency transactions may be further limited by the rapid pace at which fluctuations in the Currency markets may occur.
Bank offers Multi-Currency Services to business customers with incoming and outgoing payment flows in the same Supported Currency.
Any imposition by any governmental or regulatory authority of the country of the relevant Supported Currency may result in the inability to affect outward remittances of the whole or any part of such payments (whether in the local Currency, the original deposited Currency, or any other Currency) from such country, which can thereby result in the loss of all or part of the principal sum deposited in a Multi-Currency Account.
Multi-Currency Accounts are subject to Exchange Rate risk that may materially affect the reported U.S. Dollar value of the Supported Currency held in a Multi-Currency Account, even if the Supported Currency is not actually converted into U.S. Dollars.