Currency Conversion Rate. When you use your Visa Check Card at a merchant that settles in currency other than U.S. dollars, the charge will be converted into the U.S. dollar amount. The currency conversion rate used to determine the transaction amount in U.S. dollars is either: • A rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or • The government-mandated rate in effect for the applicable central processing date; • In each instance, plus or minus any adjustments determined by the issuer. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date.
Appears in 4 contracts
Samples: Cardholder Agreement, Cardholder Agreement, Check Card Agreement
