Standard settlement instructions: Difference between revisions

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(Created page with "Standard settlement instructions, or SSIs, are the standing bank and custody account details you give your trading partner, and she gives you, so you can make payments und...")
 
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Latest revision as of 09:43, 14 May 2018

Standard settlement instructions, or SSIs, are the standing bank and custody account details you give your trading partner, and she gives you, so you can make payments under your transactions. Often memorialized in a master trading agreement but just as often exchanged as a separate schedule by Ops folk, meaning we lawyers don't have to get our hands dirty with them. Money is so vulgar.

All rather ghastly operations stuff.