Subject: Re: JEE EUROS I From: Margaux Mcgrath Date: Fri, 09 May 201 : : - To: Paul Morris < Classification: For internal use only Hi Paul, I'm out of office at lunch mtg, will return in about an hour. Which account does Darren want to use to write checks to get the euros? He can use any account, but the euros are ordered from a third party which determines the exchange rate. I can call you right when I return Original Message From: Paul Morris Sent: 05/09/2014 01:17 PM EDT To: Margaux Mcgrath Subject: Fw: JEE EVROS [I] Classification: For internal use only dosn't sound like you can get euros in cash from the branch in that account so no need to send darren that letter??? Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York, NY 10154 Forwarded by Paul Morris/db/dbcom on 05/09/2014 01:16 PM From: Daphne Cales/db/dbcom To: Margaux Mcgrath/db/dbcom@DBAMERICAS, Cc: Amanda Kirby/db/dbcom@DBAmericas, Paul Morris/db/dbcomQDBAmericas, Vahe Stepanian/db/d bcom@DBAmericas Date: 05/09/2014 12:41 PM Subject: Re: JEE EUROS [I] Classification: For internal use only See responses in Red: For the USD withdrawal - Once we receive the original Authorization to Cash Checks form from Darren, who does it need to be brought to and where does it need to be filed? Ie. with me, with the branch, etc. Once the original letter is received by the branch it will be filed by the branch staff and kept for future use. - Once we receive the original form and it has been appropriately filed, when can he begin coming in to cash the checks? Is there any delay? Checks can be cashed same day, no delay. Just please give the branch a heads up if he's coming. Email to: TheBranch Staff/db/dbcom EFTA01352286
For the euros - If Jeffrey and Darren sign an additional and separate form with the CUSTODY acct number for Authorization to Cash Checks, could Darren write checks from the custody account in USD to cash out in physical euros? I don't know if you're allowed to withdraw euros from a Custody account so you may want to reach out to someone in that department. If the client wants to pick up euros at the branch you need to: Send an email to TheBranch Staff/db/dbcom tell them how much the client wants The branch will reply with the USD equivalent and current rate (which changes constantly) You will then call the client and let them know the rate and USD amount If they agree you will need to cut a check, or the client can bring a personal check made out to AFEX in the USD amount Please confirm with the branch what time the client will pick up the currency - If they do this and use the custody account, what is the current exchange rate they would have? Again, I don't know if they could do this out of the Custody account but the exchange rate will be the best they offer DB clients and will be the amount quoted. Let me know if you need anything further. Regards, Daphne Cales (Embedded image moved to file: pic15536.gif) Daphne Cales Vice President I Service Team and Branch Supervisor Deutsche Bank Trust Company Americas Deutsche Asset a Wealth Management 345 Park Avenue 10154-0004 New York, NY, USA Tel. Fax +1 - Mobile Email (Embedded image moved to file: pic14450.gif) From: Margaux Mcgrath/db/dbcom To: Daphne Cales/db/dbcom@DBAmericas, Cc: Paul Morris/db/dbcom@DBAMERICAS, Vahe Stepanian/db/dbcom@DBAMERICAS, Amanda Kirby/db/d bcom@DBAMERICAS Date: 05/09/2014 12:06 PM Subject: Re: JEE EUROS [I) Classification: For internal use only Hi Daphne, We just have a few follow-up questions for you: EFTA01352287
For the USD withdrawal - Once we receive the original who does it need to be brought me, with the branch, etc. - Once we receive the original can he begin coming in to cash Authorization to Cash Checks form from Darren, to and where does it need to be filed? Ie. with form and it has been appropriately filed, when the checks? Is there any delay? For the euros - If Jeffrey and Darren sign an additional and separate form with the CUSTODY acct number for Authorization to Cash Checks, could Darren write checks from the custody account in USD to cash out in physical euros? - If they do this and use the custody account, what is the current exchange rate they would have? Thank you again for your help! Please call when you have a moment to discuss. Kind regards, Margaux McGrath (Embedded image moved to file: pic22793.gif) Margaux McGrath Analyst Deutsche Bank Trust Company Americas Deutsche Asset & Wealth Management 345 Park Avenue 10154-0004 New York, NY, USA Tel. Email (Embedded image moved to file: pic27232.gif) Securities offered through Deutsche Bank Securities Inc. From: Daphne Cales/db/dbcom To: Cc: Margaux Mcgrath/db/dbcom@DBAMERICAS, Paul Morris/db/dbcom0DBAmericas, Vahe Stepanian/db/dbcom0DBAmericas Date: 05/09/2014 11:46 AM Subject: Re: JEE EUROS (I) Classification: For internal use only Margaux, The foreign exchange procedure is a bit different however they can not use the custody account unless they are issuing a check in USD for the amount of the euros. Give me a call if you have any questions. Regards, Daphne Cales (Embedded image moved to file: pic04344.gif) EFTA01352288

