Common use of Foreign Exchange Rates Clause in Contracts

Foreign Exchange Rates. If you use your Card in a currency other than the currency in which your Card is denominated, you will be charged an exchange rate set by the Scheme on the date the Transaction is processed. You may also be charged a foreign exchange Fee as set out in the Fees & Limits Schedule. In order to allow you to compare charges for currency conversion, you can view the real-time percentage difference between the amount that will be charged on your Card for a foreign currency Transaction (consisting of the mark-up applied by the Scheme as well as any other charges) and the latest available euro foreign exchange rates issued by the European Central Bank. You can view this information on the Website.

Appears in 2 contracts

Samples: Prepaid Corporate Owned Funds Card Terms and Conditions of Use, Prepaid Corporate Owned Funds Card Terms and Conditions of Use

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Foreign Exchange Rates. 21.1 If you use your Card in a currency other than the currency in which your Card is denominated, you will be charged an exchange rate set by the Scheme on the date the Transaction is processed. You may also be charged a foreign exchange Fee as set out in the Fees & Limits Schedule. In order to allow you to compare charges for currency conversion, you can view the real-time percentage difference between the amount that will be charged on your Card for a foreign currency Transaction (consisting of the mark-up applied by the Scheme as well as any other charges) and the latest available euro foreign exchange rates issued by the European Central Bank. You can view this information on the Website.

Appears in 2 contracts

Samples: Debit Corporate Owned Funds Card Terms and Conditions of Use, Debit Corporate Owned Funds Card Terms and Conditions of Use

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