THE PROCEDURE FOR MT103 GPI FULL AUTOMATIC

TRANSFER

Due to the transaction being done by DB Germany Bank which has been credited from
our company, we would to inform your banker that the transaction is valid and have to
process with the bank for the following procedure states:

TRANSACTION PROCEDURE FOR SWIFT (SWIFT BRUSSEL) MT103 GPI

FULL AUTOMATIC CASH TRANSFER

About the transfer we advise to Deutsche Bank - Global Transaction Banking - Cash
Management Transaction Banking - General Terms and Conditions for Institutional
Customers, The following procedure for the across the border fund transfer :
1. Applicant apply for outgoing transfer with Swift MT103 GPI Automatic cash transfer.
2. Bank Officer of sending bank process it by debiting applicant account and credited to
common account or nostro account of the receiving bank. In case, the applicant has
credited to DB, BO will credit to nostro account of receiving bank.
3. Bank Officer of sending bank review compliance with
outgoing transfer procedure and prepare inputing message
as application into Swift System comply with outgoing
transaction procedure such as fulfilling applicant name,
applicant account number, receiving bank along wit swift
code , beneficiary name, beneficiary account number,
amount money to be transferred, instruction verbiage, etc.

4. Bank Officer of sending bank issues proof of transfer or

copy of swift MT103 to the applicant.

5. Receiving bank get swift mt103 incoming transfer and

check its nostro account which has been credited by sending
bank.
6. Bank officer of receiving bank check compliance with
incoming transfer procedure such KYC, anti money laundry,
anti terrorist, underlying business transaction, etc and
notifies beneficiary accordingly.
7. Having passed the incoming transfer compliance test, the BO of receiving bank debit
its nostro account and credit to beneficiary account.