Window Forward Payment definition
Window Forward Payment means a binding agreement in which Client agrees to purchase from or sell to AFEX Singapore a specific amount of funds in one currency and to settle, on any date during the Delivery Window, in a specific amount of funds in another currency, to meet a future payment obligation.
Window Forward Payment means a binding agreement in which Client agrees to purchase from or sell to WALLEX Singapore a specific amount of funds in one currency and to settle, on any date during the Delivery Window, in a specific amount of funds in another currency, to meet a future payment obligation.
Examples of Window Forward Payment in a sentence
Subject to this Agreement, Client may draw down against a Window Forward Payment during the Delivery Window provided that AFEX Singapore has received Settlement in immediately available funds corresponding to the amount of the draw down.