Emerging Markets Rates and Currencies Handbook

Rollover: Yes (NDFs and forwards), based on market rates. Unwinding: N/A. Early Maturity: N/A. Documentation Requirements FX spot such as imports/FCY payments or exports/FCY borrowing are commercially linked transactions. As per local regulation, clients need to provide supporting documents: invoices, credit note, etc. Trade Flows Trade flows have to be supported by documentation before FX execution. Capital Flow and FDI Swift needed by the bank with full details of the transactions (amount, shareholders etc.). Citibank N.A. Algeria Immeuble Le Ksar, 34/35 Quartier d’affaires Bab Ezzouar 16311 Alger FX Sales Contact: +213 2198 1969