Examples of Linked Currency in a sentence
Linked Currency GL You can capture the GL used for posting the settlement entries in the linked currency.
The Bank may impose such additional conditions in relation to any Deposit as the Bank thinks fit in respect of the Deposit Currency and/or the Linked Currency, such additional terms to be contained in the relevant Confirmation.
Such breakage costs shall include the costs, expenses, liabilities or losses incurred or suffered by the Bank as a consequence of breaking its hedge, or funding from other sources in respect of the Deposit and/or in respect of the Linked Currency and therefore the total amount repaid on withdrawal may be less than the principal amount of the Deposit.
Linked Currency Settlement A/c Here you can specify the settlement account of the linked currency in case if the settlement has to happen in the linked currency at maturity.
We may set additional conditions relating to the Deposit Plus Deposit Currency or the Linked Currency (or both) in the relevant Confirmation as we consider appropriate.
If, during the Investment Period, the Linked Currency appreciates or remains constant against the Investment Currency (measured by comparing the Fixing Rate at the Fixing Time on Fixing Date and the Conversion Rate), the Customer will receive, for value on the Maturity Date, the Final Redemption Amount in the Investment Currency.
In such instances, identifying overlap corridors will be more challenging, as we must decide whether the airports associated with a given pair of routes are close enough to be sufficiently substitutable to warrant inclusion in the same overlap corridor.
The Customer may choose an Investment Currency and a Linked Currency and agree the Conversion Rate and the Tenor with the Bank.
The Bank may impose such additional conditions in relation to any Deposit as the Bank thinks fit in respect of the Deposit Currency and/or the Linked Currency, such additional terms to be contained in the relevant Confirmation.2.2 Each Deposit must be of not less than the minimum amount specified by the Bank from time to time.2.3 The terms of each Deposit will be subject to the terms of each separate Confirmation to be issued in respect of each Deposit.
Investing in a CLI is not the same as buying the Linked Currency directly.