 TO EURO PROVIDER ONLY: NEED EURO PROVIDER, MT103 (Offer to Sell)
Trade Lead Description:
PRIVATE CURRENCY EXCHANGE EURO (€ EUR) FOR US DOLLAR ($ USD) BANK-TO-BANK SWIFT MT103
CONTRACT QUANTITY: 1.8 BILLION EUR WITH R & E
FIRST TRANCHE: 50 MILLION EUR
SUBSEQUENT TRANCHES: PER TRANCHE AS AGREED
TRANSACTION CONDITIONS: SINCE THE USD IS A STRONGER CURRENCY, EUR MOVES FIRST WITH SWIFT MT-103
TRANSACTION MODE: BANK-TO-BANK (SWIFT MT103 OR AS AGREED)
RATE OF EXCHANGE: LONDON MORNING FIXING INTER-BANK EXCHANGE RATE.
EXECUTION BONUS GROSS 15 % - NET 10 % IN FAVOUR OF THE EURO-P.
USD PROVIDER SIDE: 2.50% TO USD-P’S SIDE, TO BE PAID BY USD PRINCIPAL
EURO PROVIDER SIDE: 2.50% TO EURO-P’S SIDE, TO BE PAID BY EURO PRINCIPAL
| Type of Offer: |
Offer to Sell |
| Quantity: |
Not Specified |
| Packaging: |
Not Specified |
| Price / Incoterms Conditions: |
Not Specified |
Posted from US - New York on 25 November, 2015
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