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· · · · · · USA Patriot Act · · · · · ·
Important Information about Procedures For Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person that opens an account. THIS MEANS that when you open an account, you will be asked to provide your driver's license or other identifying documents.
· · · · · · NOTICE OF INTERNATIONAL TRANSACTION FEES · · · · · ·
Process for Posting Foreign Transactions on Billing Statements
Effective April 2, 2005, a 1% International Transaction Fee will be assessed on all transactions where the merchant country differs from the country of the card issuer. The converted transaction amount will be shown separately from the International Transaction Fee on your billing statement. This fee will be assessed on all international purchases, credit vouchers, and cash disbursements.
Foreign Transaction Currency Exchange Rate
Effective April 2, 2005, the exchange rate for transactions in a foreign currency will be a rate selected by VISAź from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate VISAź itself receives, or the government-mandated rate in effect for the applicable central processing date, plus 1%. |
