Common use of Currency Conversion Clause in Contracts

Currency Conversion. (a) Foreign currency transactions (i) Cash Withdrawal, Cash Advance or Card Transaction (including online and overseas transactions) effected in US dollars will be converted into Singapore dollars. Transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars, except for Australian dollars on Visa cards which will be converted into Singapore dollars directly. The conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by VISA or MasterCard International depending on whether the conversion is done by us, VISA or MasterCard International. (ii) In addition, the Cash Withdrawal, Cash Advance or Card Transaction will be subject to administrative fee of up to 2.5% on the converted Singapore dollar amount if processed by VISA or MasterCard International or such other rate(s) as determined by us and notified to you.

Currency Conversion. (a) Foreign currency transactions transactions (i) Cash Withdrawal, Cash Advance or Card Transaction (including online and overseas transactions) effected in US dollars will be converted into Singapore dollars. Transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars, except for Australian dollars on Visa cards which will be converted into Singapore dollars directly. The conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by VISA or MasterCard International depending on whether the conversion is done by us, VISA or MasterCard International. (ii) In addition, the Cash Withdrawal, Cash Advance or Card Transaction will be subject to administrative fee of up to 2.5% on the converted Singapore dollar amount if processed by VISA or MasterCard International or such other rate(s) as determined by us and notified to you.

Currency Conversion. (a) Foreign currency transactions transactions (i) Cash Withdrawal, Cash Advance or Card Transaction (including online and overseas transactions) effected in US dollars will be converted into Singapore dollars. Transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars, except for Australian dollars on Visa cards which will be converted into Singapore dollars directly. The conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by VISA or MasterCard International depending on whether the conversion is done by us, VISA or MasterCard International. (ii) In addition, the Cash Withdrawal, Cash Advance or Card Transaction will be subject to administrative fee of up to 2.5% on the converted Singapore dollar amount if processed by VISA or MasterCard International or such other rate(s) as determined by us and notified to you.

Currency Conversion. 6.1 (a) Foreign currency transactions (i) Cash Withdrawal, Cash Advance or Card Transaction (including online and overseas transactions) effected in US dollars will be converted into Singapore dollars. Transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars, except for Australian dollars on Visa cards which will be converted into Singapore dollars directly. The conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by VISA or MasterCard International depending on whether the conversion is done by us, VISA or MasterCard International. (ii) In addition, the Cash Withdrawal, Cash Advance or Card Transaction will be subject to administrative fee of up to 2.5% on the converted Singapore dollar amount if processed by VISA or MasterCard International or such other rate(s) as determined by us and notified to you.

Currency Conversion. 6.1 (a) Foreign currency transactions (i) Cash Withdrawal, Cash Advance or Card Transaction (including online and overseas transactions) effected in US dollars will be converted into Singapore dollars. Transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars, except for Australian dollars on Visa cards which will be converted into Singapore dollars directly. The conversion will take place on the date on which the transaction is received and recorded by us (“posting date”). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by VISA or MasterCard International depending on whether the conversion is done by us, VISA or MasterCard International. (ii) In addition, the Cash Withdrawal, Cash Advance or Card Transaction will be subject to administrative fee of up to 2.5% on the converted Singapore dollar amount if processed by VISA or MasterCard International or such other rate(s) as determined by us and notified notified to you.