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English to Serbo-Croat translations [PRO] Bus/Financial - Finance (general) / advertising | | English term or phrase: closing mid-point rate | | If for whatever reason the local currency equivalent of the cost to Agency of any materials or services purchased overseas for the Media Services and/or the Additional Services is less or more than the cost anticipated at the date when such obligations were incurred, Agency will credit respectively charge Company at the rate of currency exchange which is in operation at the time Agency makes its remittance overseas, as well as any other costs incurred by Agency in this overseas purchase, like foreign exchange commission or other banking charges. The rate of currency exchange in operation at the time is deemed to be the closing mid-point rate in ……….. (local government bank) for the day Agency makes its remittance overseas as subsequently quoted in the next published edition of ………(local newspaper). |
| bpetrovKudoZ activityQuestions: 3397 ( 10 open) ( 8 without valid answers) ( 60 closed without grading) Answers: 262 Serbia
| Local time: 19:52
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| | Selected response from: M. Vučković Local time: 19:52
| Grading comment hvala! 4 KudoZ points were awarded for this answer |
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