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Direct Debit Payment Protocol

CLOSING PROCEDURE & LIABILITY 6.1. Both the INVESTOR and the CUSTOMER have signed this Agreement the INVESTOR agrees to send the funds via SWIFT MT103 SPP using Direct Debit Payment Protocol  and the CUSTOMER agrees to receive funds via SWIFT MT103 SPP using Direct Debit Payment Protocol , confirming its readiness by official letter of RWA 6.2. After receiving the above RWA, the INVESTOR’s Bank will issue first trench via SWIFT MT103, Direct Debit Payment Protocol in amount of Euro X Million (€X,000,000.00) through interbank SWIFT system and INVESTOR should send to CUSTOMER printout screenshot copy of SWIFT MT103 via e-mail.   NOTE: CUSTOMER has full responsibility together with his Banks and bank officers for the downloading of investment funds of the above SWIFT MT103   SPP (manual loading) Direct Debit Payment Protocol, as follows: •  after receiving the MT103 printout screenshot   copy, the receiving bank will have 3 (Three) working days...