PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT
(PFCEA)
EURO (EUR) FOR US DOLLAR (USD)
BONUS 15%-10% to EURO PROVIDER
LEDGER TO LEDGER (L2L) Transaction
PROCEDURES MADE EASY
PROCEDURES MADE EASY
THE EUR-P WILL COMPLETE HIS PART OF THIS DRAFT CONTRACT INCLUDING BANKING DETAILS (APPENDIX A), THE TRANCHE SCHEDULE (APPENDIX B), SIGN IT AND TOGETHER WITH SIGNED ATTACHED FEE PROTECTION AGREEMENT (FPA), (APPENDIX C), SUBMIT IT FOR COMPLETION AND SIGNATURE BY EURO P. THE DOCUMENT MUST BE ACCOMPANIED WITH:
· COLOR FULL-PAGE COPY OF SIGNATORY’S PASSPORT
· CLIENT INFORMATION SHEET
· CORPORATE RESOLUTION / DOCUMENT AUTHORIZING TRANSACTION AND SIGNATORY
· MANDATE APPOINTMENT DOCUMENT AND FULL-PAGE PASSPORT COPY IF APPLICABLE
(HEREINAFTER REFERRED TO AS EURO PRINCIPAL OR EURO-P) OR USD-P AND EURO-P COLLECTIVELY REFERRED TO AS THE “PARTIES”
· MANDATE APPOINTMENT DOCUMENT AND FULL-PAGE PASSPORT COPY IF APPLICABLE
(HEREINAFTER REFERRED TO AS EURO PRINCIPAL OR EURO-P) OR USD-P AND EURO-P COLLECTIVELY REFERRED TO AS THE “PARTIES”
WHEREAS, IN CONSIDERATION OF THE PROMISES AND THE MUTUAL COVENANTS, WARRANTIES, TERMS AND CONDITIONS HEREIN CONTAINED AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE UNDERSIGNED PARTIES AGREE AND STATE THAT THEY WISH TO ENTER INTO THIS AGREEMENT FOR THE EXCHANGE OF UNITED STATES DOLLARS (USD) FOR EUROS (EUR) UNDER THE FOLLOWING TERMS AND CONDITIONS:
WHEREAS, USD-P AND EURO-P PRESENTS THE LEGAL TENDER UNITED STATES (USD) AND EUROS AVAILABLE IN A BANK AND WARRANT UNDER PENALTY OF PERJURY LAWS OF JURISDICTION AS IT APPLIES, THAT BOTH USD AND EURO FUNDS ARE TOTALLY DERIVED FROM LEGAL SOURCES AND NOT FROM ANY ILLEGAL DRUG TRAFFIC OR MONEY LAUNDERING ACTIVITIES, TERRORIST GROUP OR ASSOCIATION AND NEITHER FROM ANY OTHER CRIMINAL ACTIVITY, AND CONFIRM THAT THE FUNDS ARE GOOD, CLEAN CLEARED, OF NON-CRIMINAL ORIGIN, FREE FROM ANY LIENS AND TAXES, FREELY TRANSFERABLE USD TO BE EXCHANGED FOR EURO.
WHEREAS, THE PARTIES MUST FOLLOW THE GUIDELINES PROVIDED BY THE RULES OF THE BANKS ON THE ANTI-TERRORISM ACT AND THE U.S.A. PATRIOT ACT I AND II. THE USD-P AND EURO-P WILL NOT BE HELD RESPONSIBLE FOR ANY HARMFUL MONEY LAUNDERING. PLUS, EACH PARTY, INDIVIDUALLY AND SEPARATELY, ACCEPT LIABILITIES ON TAXES, IMPORT, LEVIES, DUTIES AR CHARGES THAT MAY BE APPLICABLE WHILE IN THE EXECUTION OF THEIR INSTITUTIONAL ROLE.
THIS CURRENCY EXCHANGE TRANSACTION IS A BANK-TO-BANK TRANSACTION, TO BE EXECUTED VIA SWIFT TRANSMITTAL TRANSFER UPON BANKS AGREEMENT, ACCORDING TO THE FOLLOWING TERMS, CONDITIONS AND AGREED BANK TO BANK PROCEDURE.
EURO PRINCIPAL’S CURRENCY: EURO
USD PRINCIPAL’S CURRENCY: US DOLLARS
1. DESCRIPTION OF THE UNITED STATES DOLLARS (USD) CURRENCY:
CURRENCY: UNITED STATES DOLLARS; LEGAL TENDER OF USA.
ORIGIN OF CURRENCY: NON-CRIMINAL ORIGIN.
YEAR OF CURRENCY ISSUE: CURRENT VALID CURRENCY; IN CIRCULATION, FREE FROM ANY LIENS OR ENCUMBRANCES, FREELY TRADABLE IN ANY COUNTRY
CONTRACT QUANTITY: 50 BILLION USD WITH R & E
FIRST TRANCHE: FORTY-NINE MILLION FIVE HUNDRED THOUSAND($49,500,000.00)USD
SUBSEQUENT TRANCHES: PER TRANCHE AS AGREED (ANNEX B)
2. DESCRIPTION OF THE EURO (EURO) CURRENCY:
CURRENCY: EUROS, LEGAL TENDER OF E. U.
ORIGIN OF CURRENCY: NON-CRIMINAL ORIGIN.
YEAR OF CURRENCY ISSUE: CURRENT VALID CURRENCY; IN CIRCULATION, FREE FROM ANY LIENS OR ENCUMBRANCES, FREELY TRADABLE IN ANY COUNTRY
CONTRACT QUANTITY: EQUIVALENT AMOUNT OF 50 BILLION USD WITH R & E
FIRST TRANCHE: EQUIVALENT AMOUNT OF FORTY-NINE MILLION FIVE HUNDRED
THOUSAND ($49,500,000.00) USD,
SUBSEQUENT TRANCHES: PER TRANCHE AS AGREED SCHEDULE
3. TRANSACTION CONDITIONS:
TRANSACTION MODE: LEDGER TO LEDGER IN EURO PROVIDER’S BANK
RATE OF EXCHANGE: LONDON MORNING FIXING INTER-BANK EXCHANGE RATE.
BONUS: GROSS 15% USD; NET 10% TO THE EURO PRINCIPAL
CONSULTANCY FEES: TOTAL OF 5% ALLOWED TO BE SPLIT ON 75/25 BASIS
USD PRINCIPAL SIDE: 3.75% TO USD-P’S SIDE, TO BE PAID BY EURO PRINCIPAL
EURO PRINCIPAL SIDE: 1,25% TO EURO-P’S SIDE, TO BE PAID BY EURO PRINCIPAL
FEE TRANSACTION MODE: FROM EURO-P’S BANK UNCONDITIONALLY TO PAYMASTERS.
PER EACH $100 USD THE EURO PRINCIPAL SHALL PAY THE EQUIVALENT VALUE IN EUROS OF $85 USD ON THE DAY OF EACH TRANCHE.
TRANSACTION PROCEDURES:
4.1. EURO PROVIDER SUBMITS THIS FULLY EXECUTED PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT, CIS, (INCLUDING FULL BANKING), FULL COLOR PASSPORT COPY.
4.2. THE USD PROVIDER SIGNS, SEALS AND RETURNS BY FAX OR EMAIL, (IF REQUIRED HARD COPIES WILL BE SENT BY COURIER SERVICE), THIS PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT,” PFCEA,” CIS, FULL COLOR PASSPORT COPY.
4.3. THIS PFCEA AND THE ADDITIONAL REQUIRED DOCUMENTS, (IF ANY), ARE LODGED INTO EACH PARTIES RESPECTIVE BANKS.
4.4. THE USD PROVIDER AND THE EURO PROVIDER ESTABLISH A MUTUALLY AGREED UPON TIME FOR A PRINCIPAL TO PRINCIPAL CONFERENCE CALL TO DISCUSS THE TRANSACTION.
4.5. THE EUR-PROVIDER WILL REQUIRE INFORMATION, WHEN THE USD-PROVIDER CAN COME TO THE EUR-PROVIDER'S BANK FOR THE MEETING BETWEEN THE PARTIES, WITH PRESENTATION OF THE DOCUMENTS OF THE USD-FUNDS AND FOR ACCOUNT OPENING AT THE EUR-PROVIDER'S BANK.
4.6. AFTER THE USD-PROVIDER HAS INFORMED THE EUR-PROVIDER ABOUT THE DATE FOR VISITING THE EUR-PROVIDER'S BANK, EUR PROVIDER DOES THE TRANSFER TO USD PROVIDER ADDRESS RWA AUTHOZATION LETTER OR SWIFT MT 799 FOR FIRST TRANCHE:
HERE IS THE COPY OF RWA LETTER
HERE IS THE COPY OF RWA LETTER
RWA AUTHORIZATION LETTER
DATE :
TO : ( Name of Account Holder)
REFERENCE : (Account Number)
ACCOUNT NAME : (Account Name)
ACCOUNT SIGNATORY : ( Account Signatory)
REF. :
WE, XXXXXXXX Bank located at XXXXXXXXXXXX XXXXXXXXXXXX in XXXXXXXXXX hereby confirm with full bank responsibility and with full legal liability, that you have AMOUT IN WORDS USD / EURO/GBR ( USD/ EURO/ GBR AMOUT IN FIGURES) IN CASH ON DEPOSIT in the above referenced account. We further confirm that these funds are good,clean,cleared,of non -criminal origin, free of any liens or encumbrances, were legally earned, and are fully transferable.
We further confirm that you Account Holder with Passport Number: XXXXXXXXXXXXXXX
Issued by : XXXXXXXXXXXXXX, has been recorded as signatory on the above referenced account.
These Funds/Asset may be verified through the following coordinates:
SWIFT:
Yours sincerely,
____________________________________ ______________________________________
Autorized signature Autorized signature
Name ( Bank Officer’s Name) Name ( Bank Officer’s Name)
Title: Title:
Bank Department: Bank Department:
PIN CODE Number PIN CODE Number:
BANK SEAL
4.7. THE EUR-PROVIDER WILL ORGANIZE AND ASSIST THE USD-PROVIDER TO OPEN ACCOUNT AT THE EUR-PROVIDER'S BANK.
(REMARK: FOR ACCOUNT OPENING, THE BANK REQUIRES THE PERSONAL PRESENCE OF THE USD-PROVIDER'S REPRESENTATIVE, AS IT IS REQUESTED BY BANK LAW. - FOR CORPORATE ACCOUNT, IT IS NECESSARY TO HAVE THE OFFICIAL TRANSLATION OF THE ORIGINAL COMPANY DOCUMENTS, AND THE ORIGINAL DOCUMENTS SHALL ALSO BE PRESENTED AT THE ACCOUNT OPENING BANK.)
4.8. THE EUR-PROVIDER WILL DEPOSIT THE MUTUALLY SIGNED PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TO THE EUR-PROVIDER BANK, AND ALSO THE FEE PROTECTION AGREEMENT.
4.9. AT THE AGREED DATE, THE USD-PROVIDER WILL VISIT THE EUR-PROVIDER'S BANK, FOR ACCOUNT OPENING, PRESENTING THE ALL NECESSARY DOCUMENTS AT THE BANK FOR THE ACCOUNT OPENING.
4.10. THE USD-PROVIDER WILL TRANSFER THE AMOUNT OF THE FIRST (OR ACTUAL) TRANCHE FROM HIS BANK BY SWIFT TO THEIR NEW OPENED, OWN ACCOUNT AT THE EUR-PROVIDER'S BANK AND WILL INFORM THE EVRO PROVIDER’S BANK OFFICER, WHO WILL BE THE SAME BANKER FOR THE EVRO PROVIDER AND THE USD PROVIDER, OF HIS READINESS TO TRANSFER THE USD TO EVRO PROVIDER’S ACCOUNT BY LEDGER TO LEDGER ACCOUNT TRANSFER. .
4.11. THE EUR-PROVIDER'S BANK OFFICER, AFTER RECEIPT, AUTHENTICATION AND VERIFICATION OF THE RECEIVED AMOUNT ON THE USD-PROVIDER'S ACCOUNT, WILL TRANSFER THE AMOUNT CORRESPONDING TO 85 % OF THE ACTUAL USD TRANCHE TO ANY ACCOUNT, AS ORDERED BY THE USD-PROVIDER.
4.12. THE USD PROVIDER’S BANK OFFICER, AFTER RECEIPT, VERIFY AND AUTHENTICATE THE FIRST TRANCHE OF EVRO , FROM THE EVRO PROVIDER ACCOUNT, THE BANK OFFICER WILL EXECUTE THE LEDGER TRANSFER OF USD IN THE EQUIVALENT TRANCHE AMOUNT OF, IN ACCORDANCE WITH THE BANKING INSTRUCTIONS WITHIN THIS AGREEMENT.
4.13. THE FEE AND COMMISSION PAYMENTS WILL BE PAID BY THE EUR-PROVIDER TO THE BENEFICIARIES / RECIPIENTS' ACCOUNTS, CONNECTED TO AND CONDITIONED BY THE TRANSACTIONS, DUE TO THE FEE PROTECTION AGREEMENT.
4.14. SUBSEQUENT TRANCHES WILL PROCEED SIMILARLY, ALSO FOR ROLLS AND
EXTENSIONS OF THE CONTRACT.
5. BANKING COORDINATES AND INSTRUCTIONS FOR USD-P AND EURO-P:
THE RESPECTIVE BANK ACCOUNT DETAILS OF EURO PRINCIPAL AND USD PRINCIPAL ARE LISTED IN ANNEX “A” ATTACHED AND CANNOT BE CHANGED FOR THE LIFE OF THIS AGREEMENT WITHOUT WRITTEN NOTICE FIVE DAYS PRIOR TO ANY CHANGE.
6. BONUS DISTRIBUTION:
THE PAYER OF THE BONUS DISTRIBUTION AND COMMISSIONS AS WELL AS THE EURO PRINCIPAL AND USD PRINCIPAL AS PRINCIPALS, IRREVOCABLY COMMIT THEMSELVES TO TRANSFER, UPON SETTLEMENT OF EACH TRANCHE EXCHANGED, INCLUDING ALL ROLLS AND EXTENSIONS, THE CONSULTANCY FEES AS FOLLOWS:
A. BONUS DISTRIBUTION TO EURO-PRINCIPAL’S SIDE:
TO BE PAID BY THE EURO PRINCIPAL TO THE BANK ACCOUNTS DESIGNATED BY THE PAYMASTER IN “ANNEX D” ATTACHED.
B. CONSULTANCY FEES TO USD-PRINCIPAL’S SIDE:
TO BE PAID BY THE EURO PRINCIPAL TO THE BANK ACCOUNTS DESIGNATED BY THE PAYMASTER IN “ANNEX D” ATTACHED.
7. BONUS DISTRIBUTION BANKING INSTRUCTIONS AND INFORMATION:
THE EURO PRINCIPAL SHALL RELEASE AND OTHERWISE TRANSFER FUNDS IN THE FORM OF USD OR OPTIONAL ALSO IN EURO FOR THE PAYMASTERS OF THE EURO-SIDE FOR PAYMENT OF THE PAY ORDERS – FEE AGREEMENT- ATTACHED HEREWITH TO THE EURO AND USD PAYMASTERS, TO THE NOMINATED BANK ACCOUNTS INDICATED IN THE PAY ORDERS, BY SWIFT WIRE TRANSFER. ALL PAYMENTS TO PAYMASTERS WIRE TRANSFERS SHALL STATE THE FOLLOWING INSTRUCTION:
“FOR IMMEDIATE CREDIT- INSTANT CASH PAYMENT - SAME DAY VALUE”
8. OTHER TERMS AND CONDITIONS: ARE AS NORMAL
8.1 EXCHANGE RATE: THE EXCHANGE RATE WAS AGREED BASED ON THE INTERBANK AND OFFICIAL RATES OF EXCHANGE SET OUT IN THE MORNING. THE DATE OF EXCHANGE IS CONSIDERED THE DAY THEY ARE OFFICIALLY CHANNELED THE EURO CURRENCY EXCHANGE COUNTER AT EACH RUN OF EACH ACCOUNT PAYMASTER, MANDATE OR INTERMEDIARY, AS IN THIS CONTRACT.
CONTACT- currencyexchangeproviders@gmail.com
OPTIONS TO RECEIVE USD:
CURRENCY CONVERSION - COST 8% - RECEIVE 92 CENTS FOR EACH EURO - The Euro P wire his Money to Bank of America In HK or USA and Receives USD in Less than 3 Minutes - Private Attorney IOLTA NON-DEPLETION Account - TRANSACTION 20 Billion Per day - Contact: currencyexchangeproviders@gmail.com
PRIVATE MONEY: For Each Euro - You will Receive 1 Million USD in any nominated bank in the safe world. CIS - Passport and bank Statement will be needed. Euro P wire the funds Directly to the bank - Humanitarian Projects are recommended but not necessary. Contact: bigholdings@gmail.com
