Talk:Transfers, Calculations and Exchanges - VM CSA Provision: Difference between revisions

2016 version:  

Paragraph 3. Transfers, Calculations and Exchanges

:3(a) Transfers. All transfers under this Annex of any Eligible Credit Support (VM), Equivalent Credit Support (VM), Interest Payment (VM) or Equivalent Distributions will be made in accordance with the instructions of the Transferee or Transferor, as applicable, and will be made:

:3(a)(i) in the case of cash, by transfer into one or more bank accounts specified by the recipient;