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USD Facilitator - Discount 15 / 10 %
There are only three documents required to exchange currency with us.
1) Purchase Order
2) CIS
3) FPA
Purchase Order
Have your buyer place on his letterhead, answer the questions on page
one and complete and sign page two.
The PO identifies what your buyer wants and expects. It also outlines our
procedures.
After I verify the PO, I forward it to our seller/exchanger and mandate.
Our seller/exchanger will contact your buyer direct to issue an invoice
which mirrors the PO, issue performance
guarantee/contract, exchange confidential bank information and confirm
tranche start date.
CIS
I will accept what you have.
FPA
There are two slots for your side and one for our side which is closed.
Our exchanger will not move if he sees a broker chain. Only paymaster
information will be accepted.
One slot is for the Mandate and who he pays and the other is for you and who
you pay.
Everyone is to be paid by the paymaster through sub-fee agreement.
TRANCHE
Here is the short version.
Your Buyer moves first.
Your Buyer must swift their JPY or USD into our FED currency exchange
account
(swift verbiage provided Principal to Principal, enhancements are allowed).
When the JPY hit the account, the account will simultaneously return swift
the exchange currency (USD).
After your Buyer receives their USD, the JPY are released to us.
We will not issue a MT103 or any MT which would allow any Buyer to leverage
funds.
No POF, LOI, HOF or other unnecessary documents are required.
If your Buyer cannot move with our procedures that means your Buyer does not
have the money.
Transaction sizes and tranches are your call (no limits).
Buyer/Principal ofter will do 1st tranche of 5K to experience the system.
Transaction size as low as 5M with 1M tranches are acceptable.
Looking forward to providing you the currency exchange
experience you desire.