Transaction | Information

 
Exchange Rate: The multiplier for
converting from the accepted currency to
the base currency. Exchange rates used
by Oervind represent the international
inter-bank trading rates (spot rates)
at the time of the conversion adjusted
by 4.5%, which approximates a bank’s
retail rate (the rate the merchant will
receive upon converting the accepted
currency back to the base currency.
For additional information see our
disclaimer.

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Oervind Currency Systems, Inc.
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