Currency Alert Archive

The burden of documentation passes onto the remitter for all transactions over USD 1 million equivalent.  The remitter must provide a copy of documentation relating to the declared purpose of payment to the Client Service Officer or FX4Cash.Ops@db.com prior to execution.  FX4Cash and it's external provider will apply to the Central Bank for approval to execute the transaction on the remitters behalf based on the documentation and purpose of payment provided.  The approval process typically takes 24 hours at most.  Upon approval, the remitter will be contacted for further coordination for execution.