HKD Account definition
Examples of HKD Account in a sentence
Payment made in excess of the Statement Balance of the HKD Account will not be applied for settlement of the Statement Balance of the RMB Account, vice versa.
Transactions effected in currencies other than HKD or CNY will be converted into HKD on the date of conversion before being debited to the HKD Account at the market rate or the government-mandated rate adopted by UPI and posted to the HKD Account.
This fee and any other fee attributable to this payment shall be debited to the HKD Account.
The Cardmember shall settle the sums payable under the HKD Account and the RMB Account separately.
The refund shall be made in HKD for any credit balance of the HKD Account, and in CNY or its equivalent in HKD for any credit balance of the RMB Account calculated based on the exchange rate prevailing at the time as determined solely by the Bank.
If the Bank accepts payment in currencies other than HKD, such payment may be credited into the HKD Account after conversion into HKD at a rate determined by the Bank in its sole and absolute discretion which may be subject to the payment of a conversion fee (if applicable).
Any excess payment in settlement of HKD Account shall be credited to the HKD Account.
Any excess payment in settlement of HKD Account shall not be used to settle outstanding balance in CNY Account.
Currencies settled in respect of all Charges incurred in all Card Transactions effected by the use of the Card in currencies other than HKD or CNY shall be posted into the HKD Account after conversion into HKD at the prevailing exchange rate determined by reference to the rate of exchange adopted by CUP on the conversion date plus a handling fee (if applicable) charged by the Bank as set out in the Fees Schedule.
We will not automatically credit the amount of any excess payment that you make towards settling your HKD Account to settle the outstanding balance of your RMB Account, or vice versa.