How will foreign currency charges on my UR-AMEX Corporate Card be billed?
Charges incurred in foreign currency are converted to U. S. dollars on the date the charges are processed by American Express. The rate of exchange used is the prevailing interbank rate within 24 hours of the conversion 1%. If an official rate is required by law, charges will be converted at that rate. If neither rate is available, the country’s official tourist rate will be used. Charges converted by common carriers will be at their rates.
