Swedish Kronor definition
Examples of Swedish Kronor in a sentence
This certifies that the above order has been: Accepted by the Trustee Declined by the Trustee – Reason: Final # of Swedish Kronor Final # of FXS Shares Final Cash Due to Trustee Final Cash Due to AP Date Time Authorized Signature of Trustee CONTACT INFORMATION FOR ORDER EXECUTION: Telephone order number: (718) 315 - 7500 Fax order number: (732) 667 - 9478 / Alt.
Except as otherwise provided in the Trust Agreement, the surrender of Shares for purposes of withdrawing Swedish Kronor may not be suspended.
The Authorized Participant shall be responsible for all costs and expenses relating to or connected with any transfer of Swedish Kronor between its account and the Deposit Accounts, including any late fees and other charges, if any, for which the Trustee becomes responsible in the event that Swedish Kronor are not transferred from the Authorized Participant’s account in accordance with the Procedures.
Under the Trust Agreement, the Trustee issues Baskets in exchange for Swedish Kronor which are transferred by an Authorized Participant to the London Branch of JPMorgan Chase Bank, N.A. (the “Depository”), and when the Trustee redeems Baskets tendered for redemption by an Authorized Participant in exchange for Swedish Kronor, the Swedish Kronor held in the Trust Account are transferred to the Authorized Participant by the Depository.
Any Swedish Kronor to be transferred in connection with any Order shall be transferred between the Authorized Participant’s account and the Trust’s deposit accounts established for such transfers pursuant to the Deposit Account Agreement (the “Deposit Accounts”) in accordance with the Procedures.