Currency Conversion Fee definition

Currency Conversion Fee means the cost of converting any card transaction made in any other currency to the Card currency.

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Currency Conversion Fee. If you make a transaction in a foreign currency, other than a cash advance made at a branch or ATM of one our affiliates, MasterCard will convert the charge into a U.S. dollar amount. MasterCard currently uses a conversion rate in effect one day prior to its transaction processing date. Such rate is either a wholesale market rate or the government-mandated rate. Please refer to your Card Mailer backer for more details on the applicable charges to your account. If you make a cash advance in a foreign currency at a branch or ATM of one our affiliates, the amount is converted into U.S. dollars by our affiliate in accordance with its foreign currency conversion procedures then in effect. Our affiliate currently uses a conversion rate in effect on its applicable processing date. Such rate is either a mid-point market rate or the government-mandated rate. The foreign currency conversion rate in effect on the applicable processing date for a transaction may differ from the rate in effect on the Sale or Post date on your billing statement for that transaction. If a transaction is converted by a third party prior to such transaction being processed by MasterCard, the foreign currency conversion rate for that transaction will be the rate selected by that third party.

Currency Conversion Fee. A multi-currency conversion fee shall be applied to any Transaction that is billed through the card association in a currency other than the contractually agreed upon billing currencies of the BIN used for the Transaction. The card association will convert the Transaction to the billing currency at the exchange rate determined by card association (or its Affiliates) using its currency conversion procedure. The currency conversion rate (which is different from the Multi-Currency Conversion Fee) is generally either a wholesale market rate or a government-mandated rate in effect on the date of conversion. The currency conversion rate used on the conversion date may differ from the rate in effect on the date a Transaction is made.

Examples of Currency Conversion Fee in a sentence

• A Currency Conversion Fee of up to 1% will be applied to transactions that are converted from foreign currencies to U.S. dollars.

• The Currency Conversion Fee, if it applies to the transaction, will be included in the transaction amount posted on your statement.

• The transaction exchange rate is adjusted regularly and includes a Currency Conversion Fee applied and retained by us on a base exchange rate to form the rate applicable to your conversion.

• The exchange rate is determined based on rates available in the wholesale currency market and PayPal applies the Currency Conversion Fee to the exchange rate.

• If we are required to convert your funds, we will charge you a Currency Conversion Fee.

• See section 6.1 for how you may be charged a Currency Conversion Fee to convert from or into the primary currency of your Account when withdrawing your Balance.

• Currency Conversion Fee: If you effect or authorize a transaction with your access device in a currency other than US Dollars, VISA will convert the charge into a US Dollar amount.

• In such a case, we will perform a currency conversion (pursuant to section 8.2, for which we will charge you a Currency Conversion Fee as set out in section A3.1 of Schedule 1) from the currency of each relevant initial Balance into the currency in which the Fee is payable and we will collect your Fees from the converted Balance.

• We will also add a Foreign Currency Conversion Fee on all Transactions made in currencies other than U.S. dollars.

• Also, please note that if we are required to convert your funds, we will charge you a Currency Conversion Fee.

More Definitions of Currency Conversion Fee

Currency Conversion Fee means the cost of converting any card transaction made in a foreign currency to Kenya Shillings.

Currency Conversion Fee means the cost of converting any card transaction made in any other currency to Kenya Shillings/ United States Dollars.

Currency Conversion Fee. Any transaction made in foreign currency will be shown in U.S. dollars in your Account Statement. The conversion from foreign currency to U.S. dollars will be done by the Association. The foreign currency conversion will be done by using:

Currency Conversion Fee means a fee of up to 0.7% of a Transaction’s realized Net Profit andLoss for all Transactions on instruments denominated in a currency different to the currency of the Client Trading Account. Such fee may besubject to change, and it will be reflected in real time into the unrealizedNet Profit and Loss of an open Position and will be charged once the Position is closed.

Currency Conversion Fee. Any transaction made in foreign currency will be shown in