How are currency and transaction costs handled?

All transaction and potential currency conversion costs associated with the wire transfer will be borne by the Trademark Agent or Holder, as applicable. In case the amount received by Trademark Clearinghouse is different from the amount specified on the pro-forma invoice, i.e. because of transaction costs (e.g. all costs related to any transaction, meaning wire transfer costs and/or costs related to the conversion from another currency to USD) charged to the Trademark Clearinghouse, the “advance payment invoice” will mention the amount that was actually received by the Trademark Clearinghouse. The invoice will mention the transaction costs that were applied on the wire transfer.

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