Currency conversion rates Sample Clauses
The 'Currency conversion rates' clause defines how and at what rate one currency will be converted into another for the purposes of the agreement. Typically, it specifies the source of the exchange rate, such as a particular bank or published rate, and the date on which the rate will be determined, for example, the date of invoice or payment. This clause ensures both parties have a clear and agreed-upon method for handling payments or obligations in different currencies, thereby reducing the risk of disputes due to fluctuating exchange rates.
Currency conversion rates. Investing in financial instruments with an Underlying Asset listed in a currency other than your base currency entails a currency risk as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency. The currency conversion rates used by the Company are taken by the European Central Bank’s official website. In addition to the above, the Company charges the following fees:
1) Inactivity/ Dormant Account Fee: Accounts without trading activity, open and/or close of any trades, for a consecutive period of 60 days shall be classified as Inactive Accounts and will be charge such fee as per the details outline in Clause 36.
Currency conversion rates. Investing in financial instruments with an Underlying Asset listed in a currency other than your base currency entails a currency risk as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency.
Currency conversion rates. Investing in financial instruments with an Underlying Asset listed in a currency other than your base currency entails a currency risk as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency. The currency conversion rates used by the Company are taken by the European Central Bank’s official website. In addition to the above, the Company charges the following fees: You should be aware of the possibility that other taxes or costs may exist that are not paid through or imposed by the Company. FXBFI may according to and subject to Applicable Laws and Regulations, share charges with partners, affiliates, intermediary service providers, business introducers and agents (collectively referred to as “Partners”) in connection with Transactions carried out in your Account. Partners are receiving remuneration on the basis of a costs per acquisition or based on any other method agreed with them, which may affect the costs associated with your Account, provided the provisions of Applicable Laws and Regulations with respect to conflicts of interest are adhered to. The Company’s Conflicts of Interest Policy sets out how we manage possible conflicts that may arise from such payments.