Common use of FOREIGN CHARGES Clause in Contracts

FOREIGN CHARGES. All Transactions including Cash Withdrawals incurred in a currency other than US$ will be converted into US$. The conversion will take place on the date the Charge is processed by AEME, which may not be the same date on which the Cardmember made his/her Charge as it depends on when the Charge was submitted to AEME. Unless a specific rate is required by applicable law, the Cardmember understands and agrees that the American Express treasury system will use conversion rates based on wholesale exchange rates that it selects from customary industry sources on the business day prior to the processing date or the most recent wholesale exchange rate available, increased by a single Conversion Processing Fee as specified in the Schedule of Fees and Charges. If Charges are converted by third parties prior to being submitted to AEME, any conversions made by those third parties will be at rates selected by them.

FOREIGN CHARGES. All Transactions including Cash Withdrawals incurred in a currency other than US$ billing currency will be converted into US$billing currency. The conversion will take place on the date the Charge is processed by AEME, which may not be the same date on which the Cardmember made his/her Charge as it depends on when the Charge was submitted to AEME. Unless a specific rate is required by applicable law, the Cardmember understands and agrees that the American Express treasury system will use conversion rates based on wholesale exchange rates that it selects from customary industry sources on the business day prior to the processing date or the most recent wholesale exchange rate available, increased by a single Conversion Processing Fee as specified in the Schedule of Fees and Charges. If Charges are converted by third parties prior to being submitted to AEME, any conversions made by those third parties will be at rates selected by them.

FOREIGN CHARGES. All Transactions including Cash Withdrawals incurred in a currency other than US$ the Billing Currency will be converted into US$the Billing Currency. The conversion will take place on the date the Charge is processed by AEME, which may not be the same date on which the Cardmember Authorised User made his/her Charge the Transaction as it depends on when the Charge was submitted to AEME. Unless a specific rate is required by applicable law, the Cardmember Company understands and agrees that the American Express AEME’s treasury system will use conversion rates based on wholesale exchange rates that it selects from customary industry sources on the business day prior to the processing date or the most recent wholesale exchange rate available, increased by a single Conversion Processing Fee as if specified in the Schedule of Fees and Charges. If Charges are converted by third parties prior to being submitted to AEME, any conversions made by those third parties will be at rates selected by them.