Unless otherwise noted, in what currency must all payments to Bambu be made?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
ed States Dollars in the United States of America will be the sole responsibility and at the sole expense of Franchisee.
- 24.20 Manner of Payment. All references in the Agreement to the term "Dollars" or the symbol "$" refers to United States Dollars, and all payments made to Bambu, unless otherwise noted, must be paid in United States Dollars net of any taxes or withholdings. The exchange rate for calculating payments due will be the exchange rate published in The Wall Street Journal the day the payment is due. If, for any reason whatsoever, a payment that is due to Bambu under this Agreement is not paid on the date that such payment is due, the exchange rate to be used shall be either the exchange rate published on the due date or the exchange rate published on the date that the payment is actually made, whichever results in a greater amount to Bambu. If The Wall Street Journal is not published on the date of conversion, the applicable exchange rate will be that rate published in The Wall Street Journal on the nearest date of publication prior to the date of conversion or by a successor or equivalent publication to be designated by Bambu in the event The Wall Street Journal ceases to be published or ceases to publish the applicable exchange rates. Bambu may designate and change payment instructions at any time on prior written notice to Franchisee. Franchisee shall be solely respons
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, all payments made to Bambu must be in United States Dollars unless otherwise specified. The reference to "Dollars" or the symbol "$" in the agreement specifically means United States Dollars. This requirement applies to all fees and purchases a franchisee makes to Bambu.
For a prospective franchisee, this means that all financial obligations to Bambu, such as the royalty fee, marketing and technology fee, and purchases of equipment or inventory, must be paid in U.S. currency. Franchisees are responsible for any costs associated with currency exchange and transfer fees. The exchange rate used to calculate 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, the exchange rate used will be the one that results in a greater amount to Bambu, either the rate on the due date or the rate on the actual payment date. Bambu retains the right to modify payment instructions with prior written notice. This ensures that Bambu receives the full amount due in U.S. dollars, regardless of currency fluctuations or delays in payment.