Examples of Foreign Currency Transaction in a sentence
In dealing with such authorised representatives, absent actual knowledge to the contrary, the Bank shall be entitled to assume such representatives are who they claim to be, that their signatures on any documents delivered to the Bank are authentic (the Bank being under no obligation to verify such signatures) and that such persons are authorised to enter into Foreign Currency Transaction on behalf of the Client.
The Client’s acceptance of a Quote in accordance with the terms of the Agreement shall constitute a Foreign Currency Transaction between the Bank and the Client, and the Foreign Currency Transaction will be confirmed in writing by the Bank by delivering to the Client a written statement, substantially in the form as available in the books of the Bank, listing the terms of the relevant Foreign Currency Transaction.
In order to allow you to compare charges for currency conversion, you can view the real-time percentage difference between the amount that will be charged on your Card for a Foreign Currency Transaction (consisting of the mark-up applied by the Scheme as well as any other charges) and the latest available euro foreign exchange rates issued by the European Central Bank.
If you use your Card for a Foreign Currency Transaction, the amount of any non-Euro Transaction will be converted to Euro at the rate of exchange (as determined by Mastercard) applicable on the date the Foreign Currency Transaction or withdrawal is made in accordance with the procedures of the applicable Scheme rules.
This information will also be sent to you by SMS notification after making a relevant Foreign Currency Transaction, where required by Applicable Law.