100Mio and up (cash only)
FULL KYC and POF incl RWA letter ( all documents need to have the same date or not more than 72 hours difference)
DUE DILLIGENCE - and CALL with the Platform (obligatory)
Admin hold,- NOT a swift - an admin hold for the PING is the procedure
Client has to send an RWA or better a Bank order due letter. -
he shall tell his banker which letter is best for a ping trade. At HSBC/DB / UBS they are able to do so.
This document has to be part of the KYC
Contracts and then PINGed by Banker to Banker starts soon.
Direct to Trade Desk