Common use of Foreign Currency Drafts and Cheque Purchase Clause in Contracts

Foreign Currency Drafts and Cheque Purchase. Corpay Singapore may agree to purchase and convert a Foreign Currency draft(s) and cheque(s) that Client has received in its name and delivered to Corpay Singapore. Corpay Singapore may request additional information satisfactory to Corpay Singapore, in its sole discretion, that Client has the authority to deliver the Foreign Currency draft and cheque to Corpay Singapore for purposes of Foreign Currency conversion and negotiation.

Foreign Currency Drafts and Cheque Purchase. Corpay AFEX Singapore may agree to purchase and convert a Foreign Currency draft(s) and cheque(s) that Client has received in its name and delivered to Corpay AFEX Singapore. Corpay AFEX Singapore may request additional information satisfactory to Corpay AFEX Singapore, in its sole discretion, that Client has the authority to deliver the Foreign Currency draft and cheque to Corpay AFEX Singapore for purposes of Foreign Currency conversion and negotiation.