Common use of International Euro Corporate Card Clause in Contracts

International Euro Corporate Card. i) If you carry out a Charge that is submitted to us in a currency other than Euro, or if we receive a refund in a currency other than Euro, that Charge or refund will be converted into Euro using the American Express Exchange Rate (as described below). The conversion will take place on the date the Charge or refund is processed by us, which may not be on the same date on which you authorise the Charge or the date of the refund as it depends on when the Charge or refund was submitted to us. If the Charge is not in U.S. Dollars, the conversion will be made through U.S. Dollars, by converting the U.S. Dollar amount into Euro. If the Charge or refund is in U.S. Dollars, it will be converted directly into Euro.