What date is used for the foreign exchange rate for the currency conversion for the net pay?
Your wages will be converted into the other currency you have selected based on the market-determined exchange rates being used by the Company at the time your ship’s payroll is processed. As there is always time required to process the payroll and because it may take up to 4 banking days for the wire payment to be credited by your bank to your account, the rate used may vary (positively or negatively) from the actual spot rate in effect on the day your account is credited.