Chase Bank In N.Y. - 1 Day Program- 5.5M buys you 25M in Treasury Notes
Posted in the Banking Forum
Since: Jan 10
#1 Mar 17, 2010
CHASE BANK IN N.Y. ONE DAY PROGRAM
Everything is done simultaneously inside Chase Bank. Client will be given the Cusip and Isin numbers before transferring his funds. Client can speak to Chases banker to confirm that the US Treasury note(s) are ready to be released as soon as the Clients funds are received.
Client can go to Chase with a representative from the trade and complete the transaction in person. The best way to describe this program:This is considered a micro buy and sell with T-Notes instead of MTN.
1. Client sends POF ( Less than 3 days old bank tear sheet /statement), CIS & Color Passport.
2. We will give the Client a contract to purchase a $25M US Treasury for each $5.5M, along with a buy back contract of the $25M US Treasury for $11M. We will also provide
Chases banker contact information along with Cusip & Isin on the $25M Treasury.
3. Client sends $5.5M for each $25M Treasury to designated account at Chase.
4. Chase releases the Treasury(s) to the Client's account.
5. Once the Treasury(s) are in the client's account $11M cash for each $25M Treasury is
disbursed per the Clients instructions.
6. The Treasury(s) are released back to us.
Everything Can Be Done Within 2 Hours At The Bank.
Clients are allowed to re-enter the program as many time as they wish until the program closes.
They will all allow 2 additional brokers
Please only respond if you or your client are currently ready to turn in a CIS, Passport, Proof Of Funds. We will not entertain anyone who is unwilling to follow directions.
#2 Jul 3, 2010
US Treasury note does not have a cusip number... SCAM!
#3 Jul 3, 2010
The joke is on you, my friend.
Get your facts right before bashing someone.
Here, let me enlighten you with some official facts.. direct from New York FED.
#5 May 12, 2013
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