Re: USD.P VS EURO.P...C2C...MT-103 -- USD EURO CURRENCY EXCHANGE

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Subject: Re: USD.P VS EURO.P...C2C...MT-103

Author:
vida seetram (re euros)

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Date Posted: 20:08:58 01/14/12 Sat
In reply to: Sherman L. Washington 's message, "USD.P VS EURO.P...C2C...MT-103" on 09:19:47 11/29/11 Tue

>IMPORTANT! THIS IS NO POF REQUEST!?
>Regards
>Sandra
>1.3. Transaction procedure Bank to Bank/MT103.
>Both Parties confirm US$-PR’s Bank Officer
>shall move by MT 103 transfer of the agreed amount of
>US$ tranche from the US$-PR’s account to the EUR-PR’s
>EUR account. Simultaneously the EUR-PR’s Bank Officer
>will move by MT 103 from the EUR-PR’s EUR account to
>the US$ PR’s EUR account, Euros in the converted
>amount equal to 85% eighty five percent) of the 100
>Million US$ tranche amount.
>
>
>
>
>Immediately after the Euros have been transferred to
>the US$-PR’s EUR account, the EUR-PR’s Bank Officer is
>hereby irrevocably directed to transfer, by SWIFT wire
>from the EUR-PR’s EURO account, EURO in the amount
>equal to 5% of the 100 Million US$ tranche amount to
>the accounts of the Beneficiary Paymasters of the
>Irrevocable Fee Protection Agreement, Addendum 4, as
>designated therein.
>
>
>
>
>Rate of Exchange shall be the official Inter-Bank
>Exchange Rate, as of the day prior to the date of
>exchange.
>
>
>
>
>The process described in Sections 8.5 to 8.9 shall be
>repeated each banking day of the EUR-PR’s bank until
>the total US$ 50Billion funds are depleted, or as
>mutually agreed by the Parties.
>
>
>
>
>Each side shall be liable for their own taxes, bank
>charges, if any.

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Replies:

Subject	Author	Date
Re: USD.P VS EURO.P...C2C...MT-103	Alex (exchange)	00:42:36 07/20/12 Fri

Re: USD.P VS EURO.P...C2C...MT-103	Barry Franklin	21:21:29 07/23/13 Tue