To read our Mandate's BANK to BANK (SWIFT) Procedures, click here.
BY IT'S VERY NATURE, THIS TYPE OF EXCHANGE MUST BE HANDLED VERY DISCREETLY, WITH A MINIMUM PAPER TRAIL. IF THE SELLER UNDERSTANDS THE CURRENT MARKET FOR THESE TYPES OF CURRENCY EXCHANGE, THEY WILL UNDERSTAND OUR CONCERN.
"WE ARE READY TO ACCEPT OFFERS, AND MOVE IMMEDIATELY" THE FOLLOWING ARE THE SIMPLIFIED AND SAFE PROCEDURES TO ACCOMPLISH THIS END.
A DOCUMENT IS TO BE ISSUED BY THE SELLER / MANDATE, ADDRESSED TO THE BUYER (I WILL PROVIDE THE NAME AS AND WHEN YOU INDICATE SUCH DOCUMENT IS FORTHCOMING) FAXED TO THE MANDATE VIA THIS OFFICE. SUCH DOCUMENT SHOULD CONTAIN:
DISCOUNTED CURRENCY vs DESIRED CURRENCY.
TOTAL AMOUNT.
DISCOUNT - GROSS AND NET.
COMMISSION AMOUNT.
STATING (BUYER) AS PAYMASTER FOR 50% OF COMMISSIONS (FOR BUYERS SIDE).
STATING NAME OF PAYMASTER FOR 50% OF COMMISSIONS (FOR SELLER'S SIDE).
STATING NAME AND TELEPHONE NUMBER OF SELLER'S MANDATE.
IF ACCEPTED, THE INFORMATION IS TURNED OVER TO THE SECURITY HOUSE. AN OFFICIAL FROM THE SECURITY HOUSE WILL CONTACT THE SELLER'S MANDATE AND CLOSE THE DEAL.
ALL TECHNICAL DETAILS WILL BE DISCUSSED AND CARRIED OUT BY THEM.
COMMISSIONS CLEARLY STATED IN THE ABOVE MENTIONED DOCUMENT WILL PHYSICALLY BE PAID OUT BY THE SECURITY HOUSE TO BOTH GROUPS AS PER EACH TRANCHE.
NOTE:
IT IS ESSENTIAL THAT WE (THE BUYER'S SIDE) RECEIVE A WRITTEN INDICATION THAT AN OFFER IS AVAILABLE PRIOR TO INVITING THE INVOLVEMENT OF THE BUYER'S MANDATE. WE HAVE MORE THAN COMMISSIONS TO LOSE, WE HAVE OUR EARNED REPUTATION AT STAKE ALSO. PLEASE RESPECT OUR POSITION AS WE WILL YOURS.
THERE IS NEVER MORE THAN ONE BROKER BETWEEN eXus AND THE BUYER'S MANDATE.
THE BUYER'S MANDATE WILL BE GLAD TO ISSUE THE FEE PROTECTION FOR THE BUYER'S SIDE BEFORE THE INITIAL DOCUMENT IS SUBMITTED, PROVIDING THE BALANCE OF THE ABOVE PROCEDURES HAVE BEEN AGREED TO.
