FOREIGN CHARGES Sample Clauses

FOREIGN CHARGES. All Transactions including Cash Withdrawals incurred in a currency other than the currency in which the Cardmember is billed, that Charge will be converted into the Cardmember’s billing currency. The conversion will take place on the date the Charge is processed by AEME, which may not be the same date on which the Cardmember made his or her Charge. If the Charge is not in U.S. dollars, the conversion will be made to U.S. dollars, by converting the Charge amount into U.S. dollars and then by converting the U.S. dollar amount into the Cardmember’s billing currency. If the Charge is in U.S. dollars, it will be converted directly into the Cardmember’s billing currency. Unless a specific rate is required by applicable law, the Cardmember understands and agrees that the American Express treasury system will use conversion rates based on wholesale exchange rates that it selects from customary industry sources on the business day prior to the processing date or the most recent wholesale exchange rate available, increased by a single Conversion Processing Fee as specified in the Schedule of Fees and Charges. If Charges are converted by third parties prior to being submitted to AEME, any conversions made by those third parties will be at rates selected by them.

FOREIGN CHARGES a. All Transactions (including Cash Withdrawals) that are performed in a currency other than Saudi Riyal (the Account’s billing currency) will be converted into Saudi Riyals using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction b. After conversion of the Transaction amount to the Account’s billing currency, We will charge the Cardmember a foreign exchange conversion fee on the converted amount at the rate specified in Annex “A” of this Agreement. The conversion will be made on the date of debiting the Transaction to the Account and this may not be the same date on which the Cardmember performed the Transaction at the Service Establishment. All Transactions performed in currencies other than the Account billing currency or US Dollars will be first converted to US Dollars before being converted to the Account’s billing currency. Amounts converted by independent third parties are billed as converted by them

FOREIGN CHARGES. 40445_AMEX_UAE Cardmember Agreement Company Card_12_2024 All Transactions including Cash Withdrawals incurred in a currency other than US$ will be converted into US$. The conversion will take place on the date the Charge is processed by AEME, which may not be the same date on which the Cardmember made his/her Charge as it depends on when the Charge was submitted to AEME. Unless a specific rate is required by applicable law, the Cardmember understands and agrees that the American Express treasury system will use conversion rates based on wholesale exchange rates that it selects from customary industry sources on the business day prior to the processing date or the most recent wholesale exchange rate available, increased by a single Conversion Processing Fee as specified in the Schedule of Fees and Charges. If Charges are converted by third parties prior to being submitted to AEME, any conversions made by those third parties will be at rates selected by them.

FOREIGN CHARGES a. All Transactions (including Cash Withdrawals) that are performed in a currency which is not the billing currency of Your Account will be converted into the Account's billing currency using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction. b. After conversion of the Transaction amount to Your Account’s billing currency, We will charge You a foreign exchange conversion fee on the converted amount at the rate specified in Annex “A” of this Agreement. The conversion will be made on the date of debiting Your Transaction to Your Account and this may not be the same date on which You performed the Transaction at the Service Establishment. All Transactions performed in currencies other than your Account billing currency or US Dollars will be first converted to US Dollars before being converted to Your Account’s billing currency. Amounts converted by independent third parties are billed as converted by them.

FOREIGN CHARGES. Royalties due for sales that occur in any country may not be reduced by any deduction of withholding, value-added taxes, fees, or other charges imposed by the government of such country, except as permitted in the definition of Net Sales.

FOREIGN CHARGES. All Transactions including Cash Withdrawals, incurred in currencies other than the billing currency of the Account ("Non-Billing Currency"), will be converted into the Account's billing currency ("Billing Currency"). Unless the applicable laws require a specific conversion rate, the American Express Global Network, will use conversion rates based on interbank rates, which they select from customary industry sources on the business day prior to the date of processing the transaction. A nominal conversion fee of 2.5% on the converted amount will be added by Amex (Saudi Arabia) Ltd. ("Amex"), the Issuer of your Card. The conversion will be made on the date of processing the transaction, which may not be the same date when the transaction was made since this depends on the time when the transaction was submitted to American Express Global Network. The conversion rates may also vary accordingly. At the time of conversion, all transactions, which are incurred in currencies other than US Dollars, will be converted to US Dollars before being converted to the Billing Currency. Amounts converted by independent third parties are billed as converted by them.

FOREIGN CHARGES a. All Transactions (including Cash Withdrawals) that are performed in a currency which is not the billing currency using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction. b. After conversion of the Transaction amount to the Account’s billing currency, We will charge the Cardmember and/or the Company a foreign exchange conversion fee on the converted amount at the rate specified in Annex “A” of this Agreement. The conversion will be made on the date of debiting the Transactions to the Account and this may not be the same date on which the Cardmember performed the Transaction at the Service Establishment. All Transactions performed in currencies other than the Account billing currency or US Dollars will be first converted to US Dollars before being converted to the Account’s billing currency. Amounts converted by independent third parties are billed as converted by them.

FOREIGN CHARGES a. All Transactions (including Cash Withdrawals) that are performed in a currency other than Saudi Arabian Riyals (the Account’s billing currency) will be converted into Saudi Arabian Riyals using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction b. After conversion of the Transaction amount to the Account’s billing currency, We will charge the Cardmember/Company/ Establishment a foreign exchange conversion fee on the converted amount at the rate specified in Annex A of this Agreement. The conversion will be made on the date of debiting the Transaction to the Account and this may not be the same date on which the Cardmember/Company/ Establishment performed the Transaction at the Service Establishment. All Transactions performed in currencies other than the Account billing currency or US Dollars will be first converted to US Dollars before being converted to the Account’s billing currency. Any transactions in US Dollars being converted to Saudi Arabian Riyals will not incur a foreign exchange conversion fee. Amounts converted by independent third parties are billed as converted by them. An illustrative example is provided below: Transaction Value EUR 100 EUR 100 Assumed EUR / US$ Exchange Rate EUR 1 = US$ 1.05 EUR 1 = US$ 1.05 US$ Equivalent US$ 105 US$ 105 Foreign Exchange Conversion Fee @ 2.50% US$ 2.63 US$ 2.63 Total Transaction Value in US$ US$ 107.63 US$ 107.63 Assumed US$ / SAR Exchange Rate US$ 1 = SAR 3.75 US$ 1 = SAR 3.75 Total Transaction Value in SAR SAR 403.61 SAR 403.61 Cash Advance Fee (Billed Separately on the Statement) Not Applicable SAR 75.00 Total Transaction Value including Cash Advance Fee Not Applicable SAR 478.61 *The illustration above excludes VAT

FOREIGN CHARGES. All Charges that are incurred in currencies other than the billing currency of your. Account will be converted to your Account's billing currency. Unless the applicable law requires a specific conversion rate, we will use conversion rates based on inter-bank rates, which we select from customary industry sources on the business day prior to the date of processing the Charge. The conversion will be made on the date of processing the Charge and not on the date the Charge was incurred. The conversion rates may vary accordingly.