Common use of International Transactions Clause in Contracts

International Transactions. If you effect a transaction with your Debit MasterCard® in currency other than U.S. dollars, MasterCard International Incorporated will convert the charge into a U.S. dollar amount. MasterCard International will use its currency conversion procedure, which is disclosed to institutions that issue MasterCard®. Currently, the currency conversion rate used by MasterCard International to determine the transaction amount in U.S. dollars for such transactions is generally either a government mandated rate or a wholesale rate determined by MasterCard International for the processing cycle in which the transaction is processed, increased by an adjustment factor established from time to time by MasterCard International. The currency conversion rate used by MasterCard International on the processing date may differ from the rate that would have been used by MasterCard International on the purchase date or cardholder statement posting date. From time to time we may monitor the use of your Card for signs of potential fraud, which could include the use of your Card in a manner that is out of the ordinary. If you are planning on using your Card in a foreign country (for example, if you are traveling abroad) please let us know in advance. Otherwise it is possible that your international transactions may be delayed or declined. You understand that this monitoring is voluntary on our part, and we are not obligated to do so. You further understand that, regardless of whether we do or do not monitor your Card in the manner described above, you have no additional limitations on your liability aside from those described in this EFT Agreement.

Appears in 2 contracts

Samples: Electronic Funds Transfer Agreement, Eft Agreement

AutoNDA by SimpleDocs

International Transactions. If you effect a transaction with your Debit MasterCardMastercard® in currency other than U.S. dollars, MasterCard Mastercard International Incorporated will convert the charge into a U.S. dollar amount. MasterCard Mastercard International will use its currency conversion procedure, which is disclosed to institutions that issue MasterCardMastercard®. Currently, the currency conversion rate used by MasterCard Mastercard International to determine the transaction amount in U.S. dollars for such transactions is generally either a government mandated rate or a wholesale rate determined by MasterCard Mastercard International for the processing cycle in which the transaction is processed, increased by an adjustment factor established from time to time by MasterCard Mastercard International. The currency conversion rate used by MasterCard Mastercard International on the processing date may differ from the rate that would have been used by MasterCard Mastercard International on the purchase date or cardholder statement posting date. From time to time we may monitor the use of your Card for signs of potential fraud, which could include the use of your Card in a manner that is out of the ordinary. If you are planning on using your Card in a foreign country (for example, if you are traveling abroad) please let us know in advance. Notification can be delivered to the Bank via Secure Form with online banking, phone call or email. Otherwise it is possible that your international transactions may be delayed or declined. You understand that this monitoring is voluntary on our part, and we are not obligated to do so. You further understand that, regardless of whether we do or do not monitor your Card in the manner described above, you have no additional limitations on your liability aside from those described in this EFT Agreement.

Appears in 2 contracts

Samples: Electronic Funds Transfer Agreement, Electronic Funds Transfer Agreement

International Transactions. If you effect a transaction with your Debit MasterCard® in currency other than U.S. dollars, MasterCard International Incorporated will convert the charge into a U.S. dollar amount. MasterCard International will use its currency conversion procedure, which is disclosed to institutions that issue MasterCard®. Currently, the currency conversion rate used by MasterCard International to determine the transaction amount in U.S. dollars for such transactions is generally either a government mandated rate or a wholesale rate determined by MasterCard International for the processing cycle in which the transaction is processed, increased by an adjustment factor established from time to time by MasterCard International. The currency conversion rate used by MasterCard International on the processing date may differ from the rate that would have been used by MasterCard International on the purchase date or cardholder statement posting date. From time to time we may monitor the use of your Card for signs of potential fraud, which could include the use of your Card in a manner that is out of the ordinary. If you are planning on using your Card in a foreign country (for example, if you are traveling abroad) please let us know in advance. Notification can be delivered to Bank via Secure Form with online banking, phone call or email. Otherwise it is possible that your international transactions may be delayed or declined. You understand that this monitoring is voluntary on our part, and we are not obligated to do so. You further understand that, regardless of whether we do or do not monitor your Card in the manner described above, you have no additional limitations on your liability aside from those described in this EFT Agreement.

Appears in 1 contract

Samples: Electronic Funds Transfer Agreement

AutoNDA by SimpleDocs

International Transactions. If you effect a transaction with your Debit MasterCard® in currency other than U.S. dollars, MasterCard International Incorporated will convert the charge into a U.S. dollar amount. MasterCard International will use its currency conversion procedure, which is disclosed to institutions that issue MasterCard®. Currently, the currency conversion rate used by MasterCard International to determine the transaction amount in U.S. dollars for such transactions is generally either a government mandated rate or a wholesale rate determined by MasterCard International for the processing cycle in which the transaction is processed, increased by an adjustment factor established from time to time by MasterCard International. The currency conversion rate used by MasterCard International on the processing date may differ from the rate that would have been used by MasterCard International on the purchase date or cardholder statement posting date. From time to time we may monitor the use of your Card for signs of potential fraud, which could include the use of your Card in a manner that is out of the ordinary. If you are planning on using your Card in a foreign country (for example, if you are traveling abroad) please let us know in advance. Notification can be delivered to the Bank via Secure Form with online banking, phone call or email. Otherwise it is possible that your international transactions may be delayed or declined. You understand that this monitoring is voluntary on our part, and we are not obligated to do so. You further understand that, regardless of whether we do or do not monitor your Card in the manner described above, you have no additional limitations on your liability aside from those described in this EFT Agreement.

Appears in 1 contract

Samples: Electronic Funds Transfer Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.