Accepted Currency definition
Examples of Accepted Currency in a sentence
We will transfer the Accepted Currency you paid into your Payment Account out of your Payment Account in order for the FX Services to be provided by the end of the Business Day after you transfer the Required Funds into your Payment Account.
For purposes of the preceding sentence, all aggregate principal amounts of Notes and Accepted Notes shall be calculated in Dollars; with respect to any Notes denominated, or Accepted Notes to be denominated, in any Accepted Currency other than Dollars, the U.S. Dollar Equivalent of such Notes or Accepted Notes shall be used for such calculation.
If you withdraw this payment instruction, we will pay the funds you transferred to your User Account back to the bank account from which the original transfer was made (in the currency in which it was made) after deducting our actual costs incurred in connection with the withdrawal (including, if applicable, our costs incurred in providing the FX Services and exchanging the Converted Currency back to the Accepted Currency that you originally transferred to your User Account).
In this case, the FX Instruction will be deemed to have been given upon receipt of Accepted Currency into your Payment Account.
Eurofactor may convert into the Accepted Currency the balance held on the sub-accounts on the basis of published rates as of the date of the transaction.