Currency exchange definition

Currency exchange means receipt of compensation from the exchange of money of one government for money of another government.

Currency exchange means exchanging the money of one

Currency exchange means a transaction where you ask us to convert (a) U.S. dollars to a Foreign Currency, (b) a Foreign Currency to U.S. dollars, or (c) one Foreign Currency to another Foreign Currency.

Examples of Currency exchange in a sentence

• Currency exchange rate movements will also cause changes in value when the currency of the investment is other than sterling.

• Currency exchange differences resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at the closing rates at the balance sheet date are recognised in profit or loss.

• Currency exchange dealers realise a profit based on the difference between the prices at which they are buying and selling various currencies.To the extent the Underlying Entity enters into currency forward contracts (agreements to exchange one currency for another at a future date), these contracts involve a risk of loss if the Underlying Entity fails to predict accurately the direction of currency exchange rates.

• Currency exchange riskAn investment trust may be invested in securities denominated in currencies other than Sterling.

• Any changes in fair value are recognised in the Statement of Comprehensive Income.• Financial derivative instruments (“FDI”) Currency exchange contractsThe Sub-Funds may employ currency exchange contracts to purchase or sell a specific currency at a future date at a price set at the time of the contract.

More Definitions of Currency exchange

Currency exchange means the conversion of the currency of one government into the currency of another government, but it does not include the issuance and sale of travelers checks denominated in a foreign currency. Transactions involving the electronic transmission of funds by licensed money transmitters which may permit, but do not require, the recipient to obtain the funds in a foreign currency outside of West Virginia are not currency exchange transactions: Provided, That they are not reportable as currency exchange transactions under federal laws and regulations.

Currency exchange means receipt of revenues equal to or greater than five percent of total revenues from the exchange of money of one government for money of another government.

Currency exchange means the conversion of an obligation (amount due) which value is expressed in one currency into an obligation (amount due) denominated in another currency at a given exchange rate. Currency conversion may be used to provide a payment service into foreign currency;

Currency exchange means receipt of revenues equal to or

Currency exchange means exchanging the money of one government for money of another government, or holding oneself out as able to exchange the money of one government for money of another government. The following persons are not considered currency exchangers:

Currency exchange means receipt of revenues from the exchange of money of one country for money of another country;

Currency exchange means receipt of revenues from the