Description:

Requires the placement of marketable securities or collateral.

Appears in:

• Asset Swap
• Basis Swap
• Borrowing Base Facility
• Collateral Debt Obligation
• Constant Maturity Swap (CMS)
• Credit Default Swap (CDS)
• Credit Facility
• Currency Swap
• Discounting of Receivables With or Without Recourse
• Documentary Collections (Export)
• Documentary Collections (Import)
• Equity Swap
• Exotic Interest Rate Swap
• FX Swap
• Import Guarantee (Standby Letter of Credit)
• Inflation Swap
• Interest Rate Swap
• Letter of Credit
• Letter of Credit and Guarantee Syndication
• Performance Bond
• Repurchased (Repo) Agreement and Reverse Repo (UK)
• Securities Lending and Borrowing
• Swaption
• Total Return Swap
• Trade Receivable Securitization

Addressed by:

• Low Risk Multi-Banked Customer: The customer must establish more than one relationship with a firm or another official body (e.g., a regulator) in a low-risk jurisdiction.
• Payment Terms Defined in Agreement or Contract: A product or service requires entering into a legally binding agreement or contract between specified parties that outlines the drawdown and repayment terms.
• Source of Wealth (SOW): The Source of Wealth (SOW) of the client is understood.