BUY CURRENCY G-7
(only)
from the Secondary Market and discounted.
INTERNATIONAL
CHAMBER OF COMMERCE
PROCEDURE
1. Seller's Agent ( Seller's Mandate) sends FULL CORPORATE
OFFER ,signed and sealed.
2. Buyer's Agent (Buyer's Mandate) sends LOI. Fee protection
agreement will be issued upon
receipt list of intermediaries.
3. Seller issue Contract with Full Banking.
4. Buyer returns contract signed and sealed with Full
Banking.
5. Buyer's Mandate and Seller's Mandate set window
time for immediate test tranche
to prove capabilities of both
parties.
6. Seller's Bank will send Conditional Swift MT 100
Field 72 to Buyer's Bank.
7. Upon bank verification of receipt of Conditional
Swift, Buyer's Bank will send
an Unconditional Swift MT 100
Field 72 to Seller's Bank, thus lifting the Condition
of the Seller's Currency.
8. Upon completion of each tranche, Buyer's Bank pays
commissions
to the parties involved per
Swift Wire.
9. Subsequent tranching will proceed Bank to Bank on
a daily basis as agreed.
10.The commissions shall be paid in accordance with the terms
and conditions
as stated in registry of Mandates,
Agents and the Intermediaries and the respective Payorders.
11.At no time shall the Principals, their Agents or Banks,
contact the Bank of the other
party without expressed written
permission to do so by the other party.
All parties to this transaction
shall abide by the latest I.C.C. Rules & Regulations
of Non-Ciurcumvention, Non-Disclosure,
Payment of Commission Fees and Banking Practices.
NOTE:
We do not accept:
- Blocked Funds
- Proof Funds First
- Daisy Chain Brokers
We must receive valid FCO from Seller's Mandate .
FCO must be unsanitized or sanitized.
After receive FCO, we will issue FPA.
Last updated: September 17.1998.
BDMX CO. / Canada
Tel: 519-576-0158
Fax:519-576-7301
E-Mail: bdmx@hotmail.com