In what currency are all fees billed and paid to Dryject?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
I (We, if joint account) the undersigned hereby authorize DryJect Management, LLC, a Pennsylvania limited liability company, with principal offices at 307 Lincoln Avenue, Hatboro, Pennsylvania 19040, to initiate electronic transfer of funds out of my (our) primary Checking or Savings selected below at the Financial Institution indicated, for payment of Royalty Service Fees or other amounts which I may owe DryJect Management, LLC. I (We) acknowledge that the origination of Automated Clearing House (ACH) transactions to my (our) account must comply with the provisions of the United States law. All costs and expenses, including any resulting from the dishonor by my (our) bank of any electronic funds transfer, shall be my (our) sole responsibility. This authorization is irrevocable and shall remain in effect until the termination or expiration of the underlying Franchise Agreement with DryJect Management, LLC. If I (we) do not have enough money in my (our) account to cover the transfer or if my (our) Financial Institution for any other reason refuses to honor a transfer, I (we) will separately pay for the charges I (we) owe under my (our) Franchise Agreement with DryJect Management, LLC.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, franchisees are required to make payments to Dryject Management, LLC via electronic funds transfer. The FDD specifies that Automated Clearing House (ACH) transactions must comply with United States law. While the document does not explicitly state that all fees are billed and paid in U.S. dollars, the reference to U.S. law and the use of dollar amounts throughout the document strongly imply that the standard currency for transactions is the United States dollar.
This has practical implications for prospective Dryject franchisees, as they should ensure their financial institution can process ACH transfers in accordance with U.S. law. Franchisees are responsible for all costs and expenses, including those resulting from dishonored electronic fund transfers. Therefore, maintaining sufficient funds in the designated account is crucial to avoid penalties or disruptions to the franchise agreement.
While the FDD does not explicitly state the currency, the context suggests that all financial transactions, including royalty service fees and other amounts owed to Dryject Management, LLC, are expected to be conducted in U.S. dollars. A prospective franchisee should confirm this understanding with Dryject during their due diligence process to avoid any potential misunderstandings or complications related to currency exchange or international transactions.