MEMORANDUM OF UNDERSTANDING
(MOU)
US$ VS €URO TRANSACTION - ZURICH
PRIVATE TRANSACTION
SKR TO SKR
PROCEDURES
PROCEDURES
1. VOLUMES: 10 BILLION USD WITH R&E;
2. IT IS ESSENTIAL TO ACCEPT THESE PROCEDURES WITHOUT ANY MODIFICATIONS;
3. THE TRANSACTION IS SKR TO SKR;
4. ANY ULTERIOR AMOUNT WILL BE AGREED BETWEEN THE PARTIES;
5. A TTM WILL BE ARRANGED BETWEEN USD AND EURO MANDATE/PROVIDER. USD MANDATE/PROVIDER WILL SEND INVITATION LETTER;
6. AFTER CHECK AND VERIFICATION OF SKR BOTH PARTIES (EURO AND USD) WILL EXCHANGE THEIR CURRENCIES ACCORDINGLY;
7. BOTH PARTIES CONFIRM IRREVOCABLY THAT THEIR CURRENCIES (€ AND $) FOR THE TRANSACTION ARE EXISTANT AND READY FOR TRANCHING
8. THE AGREED COMMISSIONS HAVE TO BE PAID AFTER EACH TRANCHE BY THE EURO PROVIDER IRREVOCABLY IN CASH OR IF DESIRED BY WIRE TRANSFER ON SAME DAY
9. EXCHANGE DATE: LONDON MORNING OFFICIAL EXCHANGE RATE AT THE DAY OF CLOSING
10. BONUS: GROSS 15% (FIFTEEN PERCENT) NET 10% (TEN PERCENT) TO THE EURO PROVIDER
11. BONUS: 5% (FIVE PERCENT) COMMISSION TOTAL FOR EURO+USD
DESCRIPTION OF TRANSACTION
QUANTITY: | 10,000,000,000.00 (TEN billions) 10B WITH ROLLS AND EXT. |
PLACE OF EXCHANGE: | Exchange to be performed only in ZURICH |
EXCHANGE MODE | SKR to SKR |
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 | SKR OF 100 MILLION EUR or as mutually agreed |
FURTHER TRANCHES | As per schedule agreed between Euro Provider and USD Provider until Funds are exhausted |
TABLE TOP MEETING: | ZURICH |
EXCHANGE 1 TRANCHE: | At Exchange Place same day immediately after Table Top Meeting (TTM) |
FOR MOU FOR SKR 2 SKR TRANSACTION IN ZURICH
AND OTHER AREAS
CONTACT currencyexchangeproviders@gmail.com
