FOREIGN CURRENCY EXCHANGE TRANSACTION PROCEDURES FOR

FROM USD AGENCY FOR CURRENCY EXCHANGE

(BUYER INFORMATION)
EFFECTIVE JUNE 30, 2009

DO NOT CIRCULATE
These are the terms, conditions and procedures of this proposed transaction from the USD provider.
USD / EURO CURRENCY EXCHANGE AT 20/15
The USD/EURO Currency Exchange Platform currently available from the US Treasury/US Federal
Reserve has been updated and revised.
This is a U.S. Treasury/U.S. Federal Reserve Currency Exchange Platform

Currency Exchange
Contract
USD Seller
USD Funds
Transaction Mode
Initial Contract

Traunches
First Traunche

Exchange Rate
Bonus

Fees

USD to EURO 20%/15% Bonus Contract

U.S. Treasury/Federal Program
USD Provider
Move first
Ledger to Ledger in EURO Currency Providers Bank
USD 500b to USD 1t with Rolls and Extensions (USD
will consider smaller transactionsUSD 500m minimum
but the procedure is the same for any size transaction for
Currency Exchange).
As Agreed between the Parties
USD Provider will move at $49.5m however proof of
funds must be for USD 500m minimum, second traunche
at maximum value of proof of funds.
As per London Interbank Exchange rate at 10:00 a.m. on
day of Exchange
20% USD delivered by USD Provider
15% EURO Provider Net
Terms are subject to change
2.50% to USD (closed)
2.50% to EURO side as follows:
1.25% is set aside for FED projects funding (closed)
1.25% paid by the USD platform as Paymaster for
facilitators and intermediaries. (There will be no
exclusive fees for what has been known as Mandates in
the past)

PRELIMINARY SCREENING
Euro Currency Provider, Signatory or Agent will furnish following to sender of this Document:
1. Name of Euro Currency Provider and details of physical address, tel./fax/email etc.
2. Name of Euro Signatory or Agent and details of physical address, tel./fax/email etc.

FOREIGN CURRENCY EXCHANGE TRANSACTION PROCEDURES FOR

FROM USD AGENCY FOR CURRENCY EXCHANGE
(BUYER INFORMATION)
EFFECTIVE JUNE 30, 2009

3. Name of bank where Euros currency is held for the benefit Euro Currency Provider.
4. There will be no Mandates accepted on any documentation for these transactions.
5. A signed NDA provided by the sender of this document.
The above are submitted for preliminary screening and acceptance of EURO Currency Provider
into the Platform an unsanitized copy of this document in its original form will be sent to the
EURO Currency Provider Signatory or Agent.
Procedures after preliminary screening and acceptance by agent for USD Provider:
A. The EURO Currency Provider prepares and delivers the following documents to USD
Platform Facilitator. USD Platform Facilitator will forward documents to USD Provider
for Compliance and Due Diligence for the transaction to continue.
Documents:
a.
b.
c.
d.
e.
f.
g.

Letter of Request (format to be provided)

Biography of Euro Currency Provider or Institution.
History of Funds
Passport Copy of EURO Currency Principal
Passport of EURO Currency Provider Signatory or Agent
CIS (Client Information Sheet) of Company
POF (Proof of Funds): Tear Sheet -USD/Euro 500m minimum +bank
debit receipt
h. Consent of Members--LLC or Board Resolution of company approving
the transaction and authorizing the Signatory to execute it.

B. Initial Compliance and Due Diligence completed.

C. EURO Currency Provider and his Bank are interviewed by Badge identification carrying
US Treasury Agents and US Federal Reserve Bank Officers who will provide and
arrange the Final Contract and Procedures with Parallel Account to facilitate Ledger to
Ledger within Euro Currency Provider's Bank. This procedure takes five (5) to seven (7)
days if there is full cooperation by the EURO Currency Provider.
When sending your documents to the USD Providers Facilitator, please also send to us the
names of all intermediaries you believe are entitled to get paid from the 1.25% available
commission based on participation in completion of transaction.

FOREIGN CURRENCY EXCHANGE TRANSACTION PROCEDURES FOR

FROM USD AGENCY FOR CURRENCY EXCHANGE
(BUYER INFORMATION)
EFFECTIVE JUNE 30, 2009

When the transaction has progressed sufficiently, the USD provider will ask all intermediaries to
send a copy of their passport or other identification like copy of Drivers license and banking
coordinates where commissions are to be sent.
I) We respectfully request a current Proof of Funds in the form of a current Tear
Sheet.
II) This is required not only from corporations, but also from banks and governments
who may desire to enter this currency exchange platform.
III) Acceptable proof of funds are as follows; Bank Tear Sheet, Bank Capability
Letter/Bank Authorization Letter or a MT-799 to the Clearing Account of USD
AGENT.
IV) All POF information must not be older than five banking days old.
The Letter of Request. (Format and addressee will be supplied by the USD Provider after
preliminary screening).
The FPA (Fee Protection Agreement) is contained within the Currency Exchange Agreement
Between providers.
Euro Currency Provider must use one of the top 25 Western European Banks for the purpose of
clearing.
This U.S. Treasury Department is the largest platform for USD that exists. The USD will
exchange as much EURO as the Euro Currency provider has available for daily exchange by
contract.
ACCEPTANCE & SIGNATURE

_________________________________ ____________
(signature)
date

_________________________________ ____________
Print name of Principal (buyer)
Title