Requesting Forward Contracts. You may request a Forward Contract only if you have provided and are maintaining any Credit Support we have required and your online profile with Synovus otherwise allows Forward Contracts. When requesting a Forward Contract, you must specify (a) the Foreign Currency to be exchanged with the Bank; (b) whether it is being purchased or sold by you; (c) the amount of Foreign Currency; and (d) the Value Date for the FX Transaction. In addition, you must provide us with Settlement Instructions on the Trade Date, which must be at least three (3) Business Days prior to the Value Date. The date on which you request a Forward Contract and the Bank agrees to provide that Forward Contract shall be the Trade Date. For Forward Contracts the Exchange Rate will be the Quoted Rate.
