Common use of CURRENCY CONVERSION SERVICE Clause in Contracts

CURRENCY CONVERSION SERVICE. All Visa Desjardins prepaid card transactions made in a foreign currency are payable in Canadian currency converted at the exchange rate in effect as determined by the Federation or its provider on the day the conversion is processed. Currency conversion charges of 2.5% ($2.50 per $100 spent) on any amounts recorded on the Visa Desjardins prepaid card account in foreign currencies and converted into Canadian dollars shall be payable and debited directly from the Visa Desjardins prepaid card account. In the event that a purchase or service refund is carried out on the Visa Desjardins prepaid card account in a foreign currency, the transaction amount will be converted into Canadian currency at the exchange rate in effect as determined by the Federation or its provider on the day the conversion is processed, minus a currency conversion charge of 2.5% ($2.50 per $100).

CURRENCY CONVERSION SERVICE. All Visa Desjardins prepaid card transactions made in a foreign currency are payable in Canadian currency converted at the exchange rate in effect as determined by the Federation or its provider on the day the conversion is processed. Currency conversion charges of 2.5% ($2.50 2.5%($2.50 per $100 spent) on any amounts recorded on the Visa Desjardins prepaid card account in foreign currencies and converted into Canadian dollars shall be payable and debited directly from the Visa Desjardins prepaid card account. In the event that a purchase or service refund is carried out on the Visa Desjardins prepaid card account in a foreign currency, the transaction amount will be converted into Canadian currency at the exchange rate in effect as determined by the Federation or its provider on the day the conversion is processed, minus a currency conversion charge of 2.5% ($2.50 2.5%($2.50 per $100).