The Bank Procedure
1. EuroP sends LOI+CIS+Passport Copy+IMFPA+POF.
2. USDP Mandate confirms LOI+IMFPA by signing it.
3. EuroP assures notarially LOI+IMFPA and sends Mandate USDP.
3. The Mandate USDP will issue official invitation for TTM in Switzerland or
Luxembourg.
4. Signing final contract in the bank USD.
Transaction – outline of procedure:
1. EuroP opens 2 accounts in the USDP bank.
2. EuroP sends first Tranche to his first euro account (in the indicated bank).
3. Bank of transaction sends discounted USD to the second EuroP account. Euro does not
leave the first account until the second account is filled in with USD. Daily transfer is 100
mln up to 500 mln Euro.
DISCOUNT: 15% / 10%
COMMISSION: 5% (FIVE) TOTAL
The commission is distributed:
2.5 % – USD party – closed
2.5 % – Euro party:
0.60 % – USD assistants – closed
0.60 % – Euro assistants – opened
1.30 % – Euro mandate – opened
In IMFPA on party Euro there should be two Paymasters:
1. Paymaster USD assistants – 0.60 %

2. Paymaster Euro the parties – 1.90 %

If EuroP does not wish to present POF by e-mail then it can be carried out at a meeting
with the Representative of Mandate USDP in Switzerland, but it should be made to TTM