Currency Regulations - Lufthansa

1 Last update: 1 Currency Regulations Definitions ( iata Reso 012) .. 5 Banker's Buying Rate (BBR) .. 5 Banker's Selling Rate (BSR).. 5 Country of Commencement of 5 Country of Payment .. 5 Currency of the Country of Payment .. 5 Date of Transportation .. 5 Local Currency Fares .. 5 5 Other Charges .. 5 Related 6 6 Applicable Currency for Fares and 6 NUC values .. 8 Construction of unpublished fares .. 8 Payment of Local Currency Fares ( iata Reso 024e).. 9 Payment in the Country of Commencement of Travel .. 9 Payment Outside the Country of Commencement of 9 Exceptions .. 12 Algeria .. 12 NIGERIA **NOT APPLICABLE** .. 12 Mozambique .. 13 Sri Lanka (Via all:Government Order) .. 13 Tunisia .. 13 Combination of Local Currency Fares .. 14 Refunds: 14 Refunds: General .. 14 Refunds of partially used 15 15 Involuntary refunds and involuntary refund calculation.

2 15 Exceptions by 17 Voluntary Refunds .. 17 Voluntary refund calculation .. 17 Voluntary refunds - payment by credit card .. 18 Refund by issuing 18 Refund / rerouting in case of 19 MCO/MPD's and PTA's .. 19 Honouring specified documents .. 19 Honouring unspecified documents .. 20 Limitation of value of the MCO .. 20 Honouring, exchanging and refunding .. 21 Currency shown on traffic documents / transportation 21 Means of payment .. 21 EMU information .. 22 Last update: 2 Sources for Bankers Rate of 23 List of Countries:.. 23 AFGHANISTAN .. 23 23 23 ARMENIA .. 24 24 AUSTRIA .. 24 24 BELGIUM .. 24 24 BRAZIL .. 25 BULGARIA .. 25 25 CAPE VERDE .. 25 CHINESE TAIPEI .. 25 25 CONGO (Kinshasa) .. 26 26 26 CZECH REPUBLIC .. 26 26 DOMINICAN REPUBLIC .. 27 EL 27 ERITREA .. 27 27 27 FIJI.

3 28 FINLAND .. 28 28 FRENCH 28 28 GERMANY .. 29 29 GREECE .. 29 29 GUATEMALA .. 29 HONG KONG 30 ICELAND .. 30 INDIA .. 30 30 IRELAND .. 30 30 30 JAPAN .. 31 31 Last update: 31 KOREA ( ) .. 31 KYRGYZSTAN .. 32 LATVIA .. 32 LEBANON .. 32 32 LUXEMBOURG .. 32 MACEDONIA (FYROM)..32 MALAWI .. 32 33 MARTINIQUE .. 33 MAYOTTE .. 33 MEXICO .. 33 33 MONGOLIA .. 33 MOROCCO .. 34 MOZAMBIQUE .. 34 34 NETHERLANDS .. 34 NEW 34 NORWAY .. 35 PAPUA NEW GUINEA .. 35 35 PHILIPPINES .. 35 36 REUNION .. 36 36 RUSSIA .. 36 SAMOA, INDEPENDENT STATE SAO TOME & PRINCIPE .. 37 SAUDIA SERBIA AND SIERRA LEONE .. 37 SINGAPORE .. 37 38 38 SOUTH AFRICA .. 38 38 ST. PIERRE & MIQUELON .. 38 38 SWITZERLAND .. 39 TAJIKISTAN .. 39 39 39 TURKEY .. 40 Last update: 4 TURKMENISTAN.

4 40 UGANDA .. 40 40 UNITED KINGDOM .. 40 UNITED STATES .. 40 41 VENEZUELA .. 41 VIET ZAMBIA .. 41 Last update: 5 Definitions ( iata Reso 012) Banker's Buying Rate (BBR) Means the rate at which, for purpose of the transfer of funds through banking channels ( other than transactions in bank notes, travellers cheques and similar banking instruments), a bank will purchase a given amount of foreign Currency exchange for one unit (or units) of the national Currency of the country, in which the exchange transaction takes place. Note: Where no such banker s rates are available, the rates published by the iata Clearing House may be used in lieu of such bankers buying rates. In future, the applicable banker s rates or the sources where such rates applicable will be published weekly or monthly by the carriers. Banker's Selling Rate (BSR) Means the rate at which, for the purpose of transfer of funds through banking channels ( other than transactions in bank notes, travellers cheques and similar banking instruments), a bank will sell a given amount of foreign Currency in exchange for one unit (or units) of the national Currency of the country, in which the exchange transaction takes place.

5 Country of Commencement of Transportation The country from which travel on the first international sector takes place. Country of Payment The country where payment is made by the purchaser to the carrier or its agent. Currency of the Country of Payment The Currency in which international fares are denominated. Date of Transportation The date of issuance of the ticket, MCO or PTA. Local Currency Fares Fares and related charges expressed in the Currency of the country of commencement of travel. NUC Neutral Unit of Construction Other Charges Charges such as taxes, fees etc. excluding excess baggage charges. Related Charges Charges such as cancellation fees, non-refundable amounts, rebooking and rerouting charges, stopover charges, weekend surcharges etc. excluding excess baggage charges. Last update: 6 ROE The rate of exchange notified by iata to convert local Currency fares to NUC and to convert NUC amounts to the Currency of the country of commencement of transportation Applicable Currency for Fares and Charges All passenger fares (except add-ons) and excess baggage charges are established in the Currency of the country of commencement of travel.

6 Domestic add-ons are established in the Currency of the country concerned or in US dollars or any other Currency . Related charges are established in the Currency of the country of commencement of travel or in US dollars or in EURO. EXCEPTION 1: Passenger fares and excess baggage charges are established in US dollars for the following countries: Afghanistan Anguilla Angola Argentina Antigua and Barbuda Armenia Azerbaijan Bahamas Bangladesh Barbados Belarus Belize Bermuda Bolivia Brazil Burundi Chile Cambodia Congo (Kinshasa) Cayman Islands Costa Rica Colombia Cuba Dominica Dominican Republic Ecuador Ethiopia Eritrea Gambia El Salvador Ghana Georgia Last update: 7 Guatemala Grenada Guyana Guinea Honduras Haiti Iraq Indonesia Jamaica Israel Kyrgyzstan Kenya Lebanon Laos Madagascar Liberia Maldives Malawi Mongolia Mexico Nepal Montserrat Nigeria Nicaragua Panama Occupied Palestinian Territory Peru Paraguay Rwanda Philippines St.

7 Lucia Russia Sao Tome and Principe St. Kitts and Nevis Sierra Leone St. Vincent and the Grenadines Suriname Somalia Tanzania Tajikistan Trinidad & Tobago Timor Leste Uganda Turkmenistan USA / US Territories Ukraine Uzbekistan Uruguay Vietnam Venezuela Zimbabwe Zambia EXCEPTION 2: Passenger fares and excess baggage charges are established in EURO for the following countries: Albania Austria Belgium Bosnia and Herzegovina Bulgaria Cape Verde Last update: 8 Croatia Finland Germany France, except French Polynesia (including Wallis and Futuna), New Caledonia (including Loyalty Islands) Greece Ireland Italy Luxembourg Macedonia (FYROM) Moldova Monaco Netherlands Portugal Romania Serbia and Montenegro Slovenia Spain Turkey NUC values Fares, add-ons and related charges are published in the Passenger Air Tariff in NUC values.

8 These values will be revised every January, April, July and October together with the factors shown in the NUC Conversion Factors Table. The NUC value for a local Currency amount not published in this tariff can be obtained by dividing such local Currency amount by the conversion factor shown in the NUC Conversion Factors Table for the country in which the Currency is denominated. Express the resultant NUC amount to two decimal places, ignoring any further decimal places. When excess baggage charges are paid in a Currency other than the local Currency , the local Currency amount must be converted to the Currency of payment at the BBR. Other charges established in local Currency amounts and shown on the ticket are converted to the Currency of the country of sale at the BSR. When payment is made in a Currency other than the Currency of the country of payment, the equivalent local Currency amount in the country of payment will be collected at the BBR.

9 Construction of unpublished fares Fares in the Passenger Air Tariff are published in local Currency and NUC s. If a through fare for a particular journey is not published, and therefore requires the combination of local Currency fares (or the construction of fares by use of add-on amounts) on the same ticket, construct the through fare for such journey as follows. 1. Add the published NUC amounts for the sectors involved. 2. Multiply the resultant total by the exchange rate in the NUC Conversion Factors Table for the country of commencement of travel. Take the resultant amount to one decimal place beyond the rounding unit indicated in the table. 3. Round the resultant total in accordance with the NUC Conversion Factors Table. Last update: 9 Payment of Local Currency Fares ( iata Reso 024e) Payment in the Country of Commencement of Travel - in the Currency of the country of commencement of travel or - in any Currency not marked with a sign in the NUC conversion factor s table.

10 Convert at the BBR in effect on the date of ticket issuance Payment Outside the Country of Commencement of Travel Payment is made as follows: - convert the total amount to be collected, expressed in the Currency of the country of commencement of travel, into the Currency of the country of payment at the applicable BSR in effect on the date of transaction. - in case of rebooking/reissue: convert the rebooking fee and any difference that might occur in the fare amount due to a change in fare to the Currency of the country of collection at the BSR in effect at the time of rebooking/reissue.