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EEDC - DTC Full Resume

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Afrian Hindrawijaya
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541 views2 pages

EEDC - DTC Full Resume

Uploaded by

Afrian Hindrawijaya
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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E. E. D. C.

To whom it may concern

Dear Mrs./Mr.

Someone who is dealing with DTC download transfer needs to understand what is the DTC download
regulated system.

1. It is important to understand that DTC download (direct transfer of cleared cash), is a very strictly
controlled codified security system to transfer money that has already been cleared, along with the
required strict due diligence, that´s why DTC doesn´t required or allow any contact between bank
officers, like in the Swift system, or paper work or information circulating by Internet, or
electronic means, outside of a strict banking communication.
I am the legal and authorize holder of the security codes, in order to access the screen in the
senders bank, where the bank officer that has been provided with the codes by me, will access to
all the information, origin of the funds, good standing, history of the funds, and ownership before
downloading the funds.

2. DTC transfers are done in exclusively codified way because funds in large amounts they need a
previous due diligence and clearance from the Central Bank of the sender.
As consequence of the above all the information related to the funds is by regulation only
transmitted by electronic means directly to the server room. In order to avoid miss use of already
cleared funds information.

A DTC bank officer which is the one authorized to operate the DTC server room to get the
information is fully aware of this fact.
DTC funds and information in DTC accounts can only be transmitted and receive by DTC, for
security reasons regulating the system.

It is essential that the receiving bank has a fully authorised and experienced DTC bank officer of
level 11 or 12, that can manage a DTC transfer.
Confirmation from the bank should be received in writing.

In that case and if they are willing and able to download the funds we can sign upon final
agreement the contract, and I will provide in that case the special security codes for your DTC
bank officer to get full access to the screen, check the origin of the funds, good standing, history
of the funds, and once he do that he can download the funds.

C/Panamá, 12 – bajo – 28036 Madrid Spain


Phone: +34 91 457 6222 Fax: +34 91 457 6427
e-mails: eedc@eedcouncil.org, www.eedcouncil.org
3. As consequence of the above there is no such a non-sense as “If the European Central Bank is
aware of a DTC account in a European Bank”. In order for someone to have a DTC account, the
European Central Bank has to pre-clear those funds, and has to authorize the DTC account, if not
cleared by the Central Bank then the DTC account cannot be opened.

As consequence of the above, all DTC accounts in European banks they have to be approved by
the Central Bank, the money in the account has to be cleared by the Central Bank, and they are of
full knowledge of the European Central Bank.

4. As per the above when you have funds in a DTC account you have to transmit those funds by
DTC, because they belong to a completely different system, which is not compatible with Swift.
Precisely and because:
a) DTC transfer is a direct transfer form one bank to another bank, not like Swift which is a transfer
from one bank to a private company in Belgium, called Swift, and then to the other bank.
b) Funds transferred by DTC are already cleared and authorized as of good standing.
That´s the reason why you can send billions of Euros by DTC fully cleared, which is not the same
case as Swift. DTC accounts are cleared and authorized as DTC accounts, which is a system
strictly regulated.

5. DTC is a strict automated system. When we provide the security codes directly to the DTC bank
officer, he starts the dialogue, never with a bank officer, but with an automated a DTC machine in
the server room of the sender bank.
That automated machine will be fed with the information of the transaction, name of the bank
officer, amount of the download, date of the execution of the download, and the fundamental
terms of the contract.
The dialogue normally will take a maximum of 2 to 3 hours to execute the full download, although
the receiving bank officer first of all he will have full access to our screen showing amount of
money, ownership, good standing, and tracking history of the funds.
As consequence of that on DTC download there is never ever a dialogue between two bank
officers, that is prohibited, precisely because is a DTC bank officer communicating with a DTC
machine at the sender server room.
In that way the capital and the transaction is fully protected and all actions are registered and
recorded, with no way to oral deviations.

6. On receipt of the funds, our idea is to create an investment fund in the receiving country and in the
receiving bank to keep on account a large amount of our received funds. in order to invest
nationally and internationally those funds in development projects, especially in science,
technology, infrastructure and industry.

So the receiving bank will have the privilege to have the funds from our investment fund in its
bank.

Dear Mrs./Mr., please be kind to receive my best regards.

Enrique Aguirrezabala
Global President and CEO
EEDC

C/Panamá, 12 – bajo – 28036 Madrid Spain


Phone: +34 91 457 6222 Fax: +34 91 457 6427
e-mails: eedc@eedcouncil.org, www.eedcouncil.org

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