Dear Dr. Tam,
Please find attached the Example for Trading Program with Barclays CD Euro 500 Million.
If the client wishes to proceed with this, please provide a KYC for Corporate Application (attached), together with all the documentation you sen to me over Line as email attachments.
I tried to check with John if we still need RWA with all this documentation provided with the KYC but could not yet get hold of him. So I will confirm later on.
Best wishes,
Eric
Dear Dr. Tam,
I just confirmed with John that with all the documentation the client already has on hand, we will not need a RWA from Barclays Bank.
However, the client needs to arrange a TTM with his bank officer to meet with the Trade Platform's Representative from their London office to confirm the bank's cooperation. After this meeting, it would be most likely that the Platform would use a bank in London (possibly even Barclays) and they would not even need a MT760.
So we just need the RWA and the bank documentation sent by email. After that, they Trade Platform will meet with the Barclays Bank Officer and then go to Trade Contract and proceed.
Best wishes,
Eric