Common use of FOREIGN CHARGES Clause in Contracts

FOREIGN CHARGES. a. All Transactions (including Cash Withdrawals) that are performed in a currency other than Saudi Riyal (the Account’s billing currency) will be converted into Saudi Riyals using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction

FOREIGN CHARGES. a. All Transactions (including Cash Withdrawals) that are performed in a currency other than Saudi Riyal Arabian Riyals (the Account’s billing currency) will be converted into Saudi Arabian Riyals using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction

FOREIGN CHARGES. a. All Transactions (including Cash Withdrawals) that are performed in a currency other than Saudi Riyal Riyals (the Account’s billing currency) will be converted into Saudi Riyals using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction