Common use of Foreign Currency Transactions Clause in Contracts

Foreign Currency Transactions. For paying or cash withdrawals effected in foreign currency by means of the Card, the Customer’s account will be debited in Mauritian Rupees after conversion using a prevailing rate determined by the Bank on the day of conversion. The availability of ATM services and limits pertaining to ATM withdrawal abroad is governed by local regulations of the country in force. The Bank will not be liable if ATM services are withdrawn.

Appears in 10 contracts

Sources: General Terms and Conditions, Corporate Accounts Terms & Conditions, Individual Accounts Terms & Conditions

Foreign Currency Transactions. For paying payments or cash withdrawals effected in foreign currency by means of the Card, the Customer’s account will be debited in Mauritian Rupees after conversion using a prevailing rate determined by the Bank on the day of conversion. The availability of ATM services and limits pertaining to ATM withdrawal abroad is governed by local regulations of the country in force. The Bank will not be liable if ATM services are withdrawnnot available.

Appears in 3 contracts

Sources: Corporate Accounts Terms & Conditions, Corporate Accounts Terms & Conditions, Corporate Accounts Terms & Conditions