Common use of Applicability of Foreign Currency Settlement Fee and FX Conversion Fee Clause in Contracts

Applicability of Foreign Currency Settlement Fee and FX Conversion Fee. The Parties acknowledge and agree that: (a) the Foreign Currency Settlement Fee and the FX Conversion Fee will apply in respect of all Card Transactions unless an 'Interchange++' pricing structure has been agreed with you in writing in respect of Card Transactions, in which case only the FX Conversion Fee will be applicable to such transactions; and (b) the Foreign Currency Settlement Fee is not applicable to LPM Transactions.