[ltr]I found the way to translate these CBI image documents. It says for those banks wishing to enhance their balances abroad with foreign banks they must submit to an independent auditor to observe the additional financial activity including company information to which they are providing this service. Further they must file reports for that quarter's activity filed no later than the respective quarter end date. This proves banks are undertaking bank to bank foreign currency transfers outside of the CBI currency auctions. When you see the auction numbers published these days, it's more of an accounting tool rather than participation in the actual auction.[/ltr]
_________________ [You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible
Nakluagator, Bama Diva, Will Cashem and Fran like this post
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