factual

Who is responsible for the costs associated with currency transfer and exchange for a Bambu franchise?

Bambu Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee shall be solely responsible for the payment of any costs and charges incurred in connection with the transfer and exchange of currency over and above any fees due or paid.

Source: Item 23 — Receipts (FDD pages 52–209)

What This Means (2025 FDD)

According to Bambu's 2025 Franchise Disclosure Document, the franchisee is solely responsible for covering all costs and charges related to currency transfer and exchange. This includes any expenses incurred when transferring and exchanging currency for payments to Bambu.

Specifically, all payments to Bambu must be made in United States Dollars, net of any taxes or withholdings, unless otherwise stated. The exchange rate used for calculating payments will be the rate published in The Wall Street Journal on the day the payment is due. If a payment is not made on time, Bambu will use either the exchange rate on the due date or the exchange rate on the actual payment date, whichever results in a greater amount to Bambu.

This means that prospective Bambu franchisees, especially those operating outside the United States, need to factor in these potential currency exchange costs when budgeting for their franchise. Fluctuations in exchange rates could impact the final cost of franchise fees and other payments to Bambu. Franchisees should also be aware that if there are any discrepancies between the English version of the franchise agreement and a translated version, the English version will be considered the official text.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.