Foreign Transaction Fee definition

Foreign Transaction Fee. For any charge or cash advance outside the United States or in a foreign currency, you will pay a transaction fee equal to 3% of the U.S. dollar amount of the transaction. If a charge or cash advance is converted into U.S. dollars our network providers (Visa, Mastercard, and Discover) will select either (1) a rate from the range of rates available in wholesale currency markets for the applicable central processing date, which may vary from the rate the network provider itself receives, or (2) a government-mandated rate in effect for the applicable central processing date.
Foreign Transaction Fee means the Fee Elavon assesses on a Foreign Transaction. If the Foreign Transaction is not made in the Billing Currency, then the currency of the Foreign Transaction must be converted into the Billing Currency, and Xxxxxx will assess a Foreign Transaction Fee of up to 2.5% of the resulting Billing Currency amount.
Foreign Transaction Fee means the fee U.S. Bank assesses on a Foreign Transaction. If the Foreign Transaction is not made in U.S. Dollars (the same currency in which the account is billed), then the currency of the Foreign Transaction must be converted into U.S. Dollars and U.S. Bank will assess a Foreign Transaction Fee of up to two and one-half percent (2.5%) of the resulting U.S. Dollar amount.

Examples of Foreign Transaction Fee in a sentence

  • The Foreign Transaction Fee is set forth on the Disclosure accompanying this Agreement.

  • To the converted transaction we will not add a Foreign Transaction Fee INTEREST CHARGE.

  • Transaction Fees • Balance Transfer Fee • Cash Advance Fee • Foreign Transaction Fee None.

  • To the converted transaction we will add a Foreign Transaction Fee INTEREST CHARGE.

  • The card association may consider transactions occurring in U.S. territories to be Foreign Transactions, so transactions originating from these locations may be subject to a Foreign Transaction Fee.


More Definitions of Foreign Transaction Fee

Foreign Transaction Fee means the fee U.S. Bank charges on the amount of any Debt or other Transaction posted to an Account that is not in the same currency in which the Account is billed and which must be converted to the currency used for billing purposes.
Foreign Transaction Fee means, with regard to a Foreign Transaction, any amount (however characterized), over and above the amount of any Base Exchange Amount, applied because the transaction is a Foreign Transaction or because currency conversion (or “translation”) was performed.
Foreign Transaction Fee. A fee of 3% of each transaction made (1) in a foreign currency, (2) outside of the United States, or (3) with a foreign merchant, even if that transaction is made in U.S. dollars. We may charge a Foreign Transaction Fee for each transaction (including returns or refunds) at the time we add the transaction to your Account. The fee will be based on the U.S. dollar amount Visa or MasterCard provided to us. (c) Penalty Fees: We will charge penalty fees in the amounts established by the Bureau of Consumer Financial Protection, which currently are $25 and $35. The Bureau of Consumer Financial Protection may adjust these amounts annually to reflect changes in the Consumer Price Index (CPI), and we may revise any of the penalty fees below to reflect the CPI adjustments. We will not charge more than one penalty fee for a single event or transaction that violates multiple terms of this Agreement. • Late Fee: A fee if we do not receive at least the Minimum Payment Due by the Payment Due Date (or the next business day if your Payment Due Date falls on a Saturday, Sunday or holiday). For any late payment, this fee will be: o $25 if you have had no late payment during any of the previous 6 billing cycles, or o $35 if you have had any late payment during any of the previous 6 billing cycles, but never more than the full amount of the Minimum Payment Due (as shown on your billing statement) that was due immediately before the fee is assessed (rounded up or down to the nearest dollar). • Returned Payment Fee: A fee if a check or similar instrument or any debit for payment on your Account is returned unpaid for any reason. The amount of this fee will be $25 or the full amount of the Minimum Payment Due that was due immediately before the payment was returned (rounded up or down to the nearest dollar), whichever is less. We will charge the fee even if the check or debit is later honored or paid. • Returned Check Fee: A fee if we return a Check for any reason. The amount of this fee will be $25 or the amount of the Check that is returned (rounded up or down to the nearest dollar), whichever is less. (d)
Foreign Transaction Fee. A fee of 2% of each transaction made (1) in a foreign currency,
Foreign Transaction Fee means the Fee Elavon assesses on a Foreign Transaction. If the Foreign Transaction is not made in the Billing Currency, then the currency of the Foreign Transaction must be converted into the Billing Currency, and Elavon will assess a Foreign Transaction Fee of up to two and one-half percent (2.5%) of the resulting Billing Currency amount.
Foreign Transaction Fee means the fee U.S. Bank assesses on a Foreign Transaction. If the Foreign Transaction is not made in U.S. Dollars (the same currency in which the account is billed), then the
Foreign Transaction Fee. A charge applied to purchase made in foreign countries (outside the United States). Purchases made online from your home country where the vendor is foreign and processes the transaction in its local currency. Fraud: Unauthorized use of a card, resulting in an acquisition whereby the Purchasing Entity does not benefit. Implementation: Process of putting all card program functions and activities into place. Individual Liability: Cardholder is liable for all card transactions and fees. Individually Billed Accounts (IBA): Card account is billed directly to the cardholder. IBA accounts are typically paid directly by the Cardholder.