MEMORANDUM OF UNDERSTANDING
(MOU)
US$ VS €URO TRANSACTION PRIVATE TRANSACTION
CASH TO CASH
PROCEDURES
USD Provider Representative issues this MOU containing the Master Fee Protection Agreement (this document). This document will be signed by EURO Provider and USD Representative.
1. EuroP will complete this MOU and send it back to USD mandate with his request
of letter of invitation to attend TTM by email:
2. After reception of the EUROP documentation, the USDP will complete and sign the MOU and send it back to EuroP for a final confirmation of deal. The USD Representative will send an invitation letter to EUROP representative to attend the TTM
3. TTM will be arranging with USDP Representative and EuroP.
- BOTH MANDATES/PROVIDERS GUARANTEE TO PARTICIPATE AT THE MEETING.
4. After acceptation from both parties EUROP and Representative of USD will arrange TTM at the USD Provider’s PRIVATE OFFICE
5. After the successful verification of both consignments the assets and the transaction can begin.
6. Subsequent tranches will continue as per schedule in TTM, until all funds are
exhausted, including any renewals, all rollovers and extensions. Exchange of all
following goods will be executed as agreed in TTM.
7. All commission payments, costs will be deducted within same banking day WITHOUT
DELAY from the EURO Provider’s Bank / Bank in GENEVA. Simultaneously, the bonus of
5% ( Five Percent) of the trading amount of the executed tranche of the transaction
corresponding to the commissions and special consultant fees transferred by swift as per
payment instruction ( see the attached master fee protection agreement). This master
fee protection agreement is an integral part of the present transaction’s contract.
8. The Net bonus of 10% ( Ten percent) is in favour of the EURO Provider.
9. The subsequent tranches will be executed up to the exhausting of the USD currency and
will be executed according of the terms of the present contract, with the same above
described procedure if there is to be any rolls and extensions.
QUANTITY: | 10,000,000,.00 (Ten Millions) with Rolls & Extension |
PLACE OF EXCHANGE: | Exchange to be performed only in bank vault of USD Bank in GENEVA |
EXCHANGE MODE | CASH TO CASH |
EXCHANGE RATE: | Daily Official Exchange Rate of the transaction |
DISCOUNT: | Discount 15 % Gross, 10 % net in favour of the EURO Provider |
FEES: | 5% (five percent) |
FEES SPLIT | 2.5% (two point five percent) to USD Side 2.5% (two point five percent) to EURO Side |
FIRST TRANCHE | C2C OF 10 MILLIONS EUR or as mutually agreed |
FURTHER TRANCHES | 10 Millions SPOT DEAL |
TABLE TOP MEETING: | PRIVATE OFFICE IN GENEVA |
EXCHANGE 1 TRANCHE: | At Exchange Place same day after Table Top Meeting (TTM) |
TIME and DATE of Table Top Meeting (TTM):
Date: | SELECT TTM DATE |
Time: | 09 H- 17 H.- EVERY WORKING DAY |
Place: | |
Names USD SIDE PROVIDER | |
Names USD SIDE MANDATE | |
Names EURO SIDE PROVIDER | |
Names EURO SIDE MANDATE |
FOR COMPLETE MOU - CONTACT - currencyexchangeproviders@gmail.com
