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Standard Settlement Instructions for Order Bank AB (pub) (swift NEAREST) FX/MM & Derivatives payments Effective December 13, 2017, CurrencyCountryAED United Arab Emirates AUD Australia BDT Bangladesh
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FXMM and derivatives payments refer to foreign exchange margin movement and derivatives payments made by financial institutions.
Financial institutions engaged in foreign exchange trading and derivatives transactions are required to file FXMM and derivatives payments.
FXMM and derivatives payments can be filled out online through the designated platform provided by the regulatory authority.
The purpose of FXMM and derivatives payments is to ensure transparency and compliance in foreign exchange and derivatives transactions.
FXMM and derivatives payments require reporting of transaction details, counterparties involved, and margin movement information.
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