Card Currency definition

Card Currency means the currency in which the Eligible Cardholder receives Card statements from the Card Issuer;

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Card Currency means the currency/currencies associated with each Card thereby issued by the Bank in which the settlement of the Card Account and any other Charges in relation to the Card shall be based on.

Card Currency means the currency of the Current Account to which the Payment Card is issued. In the case of Charge Payment Cards, it is the currency of the Loan Facility. In the case of Credit Payment Cards, it is the currency of the Loan Limit.

Examples of Card Currency in a sentence

If you use your Card for transactions made in currencies other than a Card Currency, the transactions will be converted to the Default Card Currency under the regulations established by MasterCard International Incorporated (“MasterCard”) in effect.
Conversion to The Default Card Currency may occur on a date other than the date of the transaction.
If you use your Card in respect of a transaction in a Card Currency, the funds maintained on your Card in such Card Currency will be utilized for such transaction.
If you make payments in any other currency, you shall pay to us all exchange, commission and other actual charges or losses we may incur in converting such payments to the Card Currency (the "Expenses").
If a Charge is submitted to us or transacted on the Account in a currency other than the Card Currency, or if we receive a refund in a currency other than the Card Currency, we will apply a currency conversion rate to the Charge or refund and a Non-Card Currency Transaction Fee as set out in the Fees Schedule from time to time.
The exchange rate between the transaction currency and the Default Card Currency is either (1) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives, or (2) the government- mandated rate in effect for the applicable central processing date.
Any payment you make in the Card Currency will be credited to the Card Account only on the date on which we receive the required funds for value in our books.
If a Charge is submitted to us or transacted on the Account in a currency other than the Card Currency, or if we receive a refund in a currency other than the Card Currency, that Charge or refund will be converted into the Card Currency using the Numarqe Exchange Rate, to which amount to which a non-Card Currency transaction fee will be applied.
If insufficient funds in such Card Currency exist on your Card, funds in other Card Currencies will be converted to the applicable transaction Card Currency in accordance with procedures outlined in Section 14 below.
Since a Charge converted via the third party will be submitted to us in the Card Currency, we will not apply a non-Card Currency transaction fee.

More Definitions of Card Currency

Card Currency means AED.

Card Currency means the base currency of the Card as detailed in the application made by the Cardholder for a Card; “Cardholder” means any person to whom we issue a Card;

Card Currency means the Dirham (AED), the lawful currency of the United Arab Emirates. Card or Credit Card means Credit Card issued by us Ajman Bank to you or to any Supplementary Cardholder(s) from time to time in the Card Currency, and includes, as appropriate, Supplementary, renewed or replacement Credit Card.

Card Currency means the currency in which your Available Balance is denominated.

Card Currency means the currency of the Current Account to which a Payment Card was issued. With respect to Payment Charge Cards, this means the currency in which the Line of Credit is maintained.