DOCSLIB.ORG

38834 WESTERN HEMISPHERE PAYMENTS and SECURITIES SETTLEMENT FORUM CENTRE for LATIN AMERICAN MONETARY STUDIES the WORLD BANK Public Disclosure Authorized

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
38834 WESTERN HEMISPHERE PAYMENTS and SECURITIES SETTLEMENT FORUM CENTRE for LATIN AMERICAN MONETARY STUDIES the WORLD BANK Public Disclosure Authorized 38834 WESTERN HEMISPHERE PAYMENTS AND SECURITIES SETTLEMENT FORUM CENTRE FOR LATIN AMERICAN MONETARY STUDIES THE WORLD BANK Public Disclosure Authorized PAYMENTS AND SECURITIES Public Disclosure Authorized CLEARANCE AND SETTLEMENT SYSTEMS IN THE EASTERN CARIBBEAN CURRENCY UNION Public Disclosure Authorized DECEMBER 2003 Public Disclosure Authorized PAYMENTS AND SECURITIES CLEARANCE AND SETTLEMENT SYSTEMS IN THE EASTERN CARIBBEAN CURRENCY UNION PAYMENTS AND SECURITIES CLEARANCE AND SETTLEMENT SYSTEMS IN THE EASTERN CARIBBEAN CURRENCY UNION WESTERN HEMISPHERE PAYMENTS AND SECURITIES SETTLEMENT FORUM CENTRE FOR LATIN AMERICAN MONETARY STUDIES THE WORLD BANK First English edition, 2004 © Centro de Estudios Monetarios Latinoamericanos y Banco Mundial, 2004 Publicado también en español Centro de Estudios Monetarios Latinoamericanos, 2003 Durango 54, México, D.F. 06700 All rights reserved Derechos reservados conforme a la ley ISBN 968-6154--98-1 Printed and made in Mexico Impreso y hecho en México Foreword Following a request from the Western Hemisphere Finance Ministers, the World Bank launched in January 1999 the Western Hemisphere Payments and Securities Clearance and Settlement Initiative. The World Bank in partnership with the Centre for Latin American Monetary Studies (CEMLA) first led this Initiative, which, over the years, has evolved, into a permanent Forum as a result of the capacity already created throughout the Region. The Western Hemisphere Payments and Securities Settlement Forum represents the new set of organizational arrangements to give continuity to the efforts initiated under the Initiative and was launched formally in June 2003. The objective of the Forum is to describe and assess the payments systems of the Western Hemisphere with a view to identifying possible improvement measures in their safety, efficiency and integrity. To carry out this mandate an International Advisory Council (IAC) was established in March 1999 comprised of experts in the field from several institutions. In addition to representatives from the WB and CEMLA this Council includes members from the: Bank for International Settlements, Bank of Italy, Bank of Portugal, Bank of Spain, Council of Securities Regulators of the Americas (COSRA), De Nederlandsche Bank, European Central Bank, Federal Reserve Board, Federal Reserve Bank of New York, Inter-American Development Bank, International Monetary Fund, International Organization of Securities Regulators (IOSCO), Securities Commission of Spain, Swiss National Bank and U.S. Securities Commission (SEC). To assure quality and effectiveness, the Forum includes two important components. First, all studies are conducted with the active participation of country officials and the project builds on the existing work being undertaken in the respective countries. Second, the Forum draws on international and national expertise on the subject, through the IAC, to provide guidance, advice and alternatives to current practices. The Forum has undertaken a number of activities in order to respond to the Western Hemisphere Finance Ministers’ request. These include: the preparation of public reports containing a systematic in-depth description of each country’s payments clearance and settlement systems; the delivery of recommendations reports to country authorities on a confidential basis; the organization of IAC meetings to review country studies and provide input for future work; the organization of workshops focusing on issues of particular interest; the creation of a web-page (www.ipho-whpi.org) to present the outputs of the Forum and other information of interest in the payments systems area; and the promotion of working groups to ensure a continuation of the project activity. CEMLA has been acting as the Technical Secretariat and is playing a major role in making the process sustainable and capable of extension to all the countries in the Hemisphere. To this end, the Forum has helped strengthen CEMLA’s in-house expertise. Additionally, practitioners in payments and securities clearance and settlement in some countries in the Region have participated in the studies under the Initiative and at present under the Forum, through CEMLA coordination, and this has contributed to the broadening of knowledge and the transfer of know-how within the Region. The endeavors of the working groups in coordination with CEMLA already provide this permanent Forum for the countries in the Region to discuss, coordinate, and add a collective impetus to the work in the area of payments and securities clearance and settlement systems. This Report “Payments and Securities Clearance and Settlement Systems in the Eastern Caribbean Currency Union” is one of the public reports in the series and was prepared by the WHF Core Team and the Eastern Caribbean Central Bank, in coordination with CEMLA and the World Bank. Kenneth Coates David de Ferranti Cesare Calari Director General Vicepresident, LAC Vicepresident, Financial Sector CEMLA World Bank World Bank Acknowledgments A Western Hemisphere Payments and Securities Clearance and Settlement Initiative (WHI) mission visited the Eastern Caribbean Central Bank (ECCB) in St. Kitts from April 10th to April 17th, 2000. This team comprised Massimo Cirasino (World Bank), Veronica Fucile (Banca d’Italia), Charlie Garrigues (World Bank), Daniel Heller (Swiss National Bank), and Ruthmilda Vos (Bank van de Nederlandse Antillen). Massimo Cirasino (World Bank) was the overall leader of the mission. During the mission, the international team worked in close coordination with several officials from the ECCB. Interviews were conducted with several central bank officers from different departments as well as with some commercial banks and other payment services providers. In addition, the international team assisted the ECCB in organizing a workshop on “Why and How to Reform the National Payments and Securities Clearance and Settlement Systems”. The workshop was attended by several central bank officers, commercial bank representatives, and other stakeholders in the payment system. During the workshop, the team was able to conduct informal interviews with representatives from other commercial banks of the currency area. Mr. Emanuel di Stefano B. Freire (WHI Team), working in close collaboration with the ECCB’s Payment System Project Team (Messeurs Henry Hazel and Alex Straun), coordinated the preparation of this report. The ECCB’s Payment System Project Team provided the vital effort of ensuring that the information reflects the current state of affairs regarding the payment and securities clearance and settlement systems of the Eastern Caribbean Currency Union (ECCU). The report benefited also from the comments of Massimo Cirasino, Jose Antonio Garcia (CEMLA and WGPS-LAC*), Baljit Vohra (Eastern Caribbean Securities Exchange) and the staff of the ECCB. The WHI wants to express its appreciation to the Governor, Deputy Governor, the Payment System Project Team, other staff of the ECCB, and all the representatives of institutions visited and/or consulted for the full and enthusiastic support to the WHI activities and objectives. * Working Group on Payment System Issues of Latin America and the Caribbean. ECCU Report December 2003 TABLE OF CONTENTS 1 ECONOMIC AND FINANCIAL MARKET OVERVIEW .......................................................... 1 1.1 THE EASTERN CARIBBEAN CURRENCY UNION ......................................................................... 1 1.2 OVERVIEW OF RECENT REFORMS ......................................................................................... 2 1.3 MACROECONOMIC BACKGROUND ........................................................................................ 2 1.3.1 Gross Domestic Product ................................................................................... 2 1.3.2 Prices ............................................................................................................... 4 1.3.3 Central Government Fiscal Operations.............................................................. 4 1.3.4 Money and Credit ............................................................................................. 5 1.3.5 Balance of Payments ......................................................................................... 6 1.3.6 External Debt.................................................................................................... 6 1.3.7 Estimates for 2003 ............................................................................................ 7 1.4 FINANCIAL SECTOR ........................................................................................................... 7 1.4.1 Regulatory and Supervisory Issues .................................................................... 8 1.5 CAPITAL M ARKETS ............................................................................................................ 9 1.6 MAJOR TRENDS IN PAYMENT SYSTEMS ................................................................................. 11 1.7 MAJOR TRENDS IN SECURITIES CLEARANCE AND SETTLEMENT SYSTEMS ........................................ 12 2 INSTITUTIONAL ASPECTS................................................................................................. 14 2.1 GENERAL LEGAL FRAMEWORK ........................................................................................... 14 2.1.1 Payments ........................................................................................................ 14 2.1.2 Securities .......................................................................................................
Load more

Recommended publications
  • Code List 11 Invoice Currency
    Code list 11 Invoice currency Alphabetical order Code Code Alfa Alfa Country / region Country / region A BTN Bhutan ngultrum BOB Bolivian boliviano AFN Afghan new afghani BAM Bosnian mark ALL Albanian lek BWP Botswanan pula DZD Algerian dinar BRL Brazilian real USD American dollar BND Bruneian dollar AOA Angolan kwanza BGN Bulgarian lev ARS Argentinian peso BIF Burundi franc AMD Armenian dram AWG Aruban guilder AUD Australian dollar C AZN Azerbaijani new manat KHR Cambodian riel CAD Canadian dollar B CVE Cape Verdean KYD Caymanian dollar BSD Bahamian dollar XAF CFA franc of Central-African countries BHD Bahraini dinar XOF CFA franc of West-African countries BBD Barbadian dollar XPF CFP franc of Oceania BZD Belizian dollar CLP Chilean peso BYR Belorussian rouble CNY Chinese yuan renminbi BDT Bengali taka COP Colombian peso BMD Bermuda dollar KMF Comoran franc Code Code Alfa Alfa Country / region Country / region CDF Congolian franc CRC Costa Rican colon FKP Falkland Islands pound HRK Croatian kuna FJD Fijian dollar CUC Cuban peso CZK Czech crown G D GMD Gambian dalasi GEL Georgian lari DKK Danish crown GHS Ghanaian cedi DJF Djiboutian franc GIP Gibraltar pound DOP Dominican peso GTQ Guatemalan quetzal GNF Guinean franc GYD Guyanese dollar E XCD East-Caribbean dollar H EGP Egyptian pound GBP English pound HTG Haitian gourde ERN Eritrean nafka HNL Honduran lempira ETB Ethiopian birr HKD Hong Kong dollar EUR Euro HUF Hungarian forint F I Code Code Alfa Alfa Country / region Country / region ISK Icelandic crown LAK Laotian kip INR Indian rupiah
    [Show full text]
  • Download the Report (PDF)
    FEMISE RESEARCH PROGRAMME A Perspective on the Future Dollar-Euro Exchange Rate: Implications for the Peripheral Mediterranean Countries Simon Neaime Institute of Money and Banking American University of Beirut September 2000 This text has been drafted with financial assistance from the Commission of the European Communities. The views expressed herein are those of the authors and therefore in no way reflect the offical opinion of the Commission A Perspective on the Future Dollar-Euro Exchange Rate: Implications for the Peripheral Mediterranean Countries* Project Coordinator: Simon Neaime Institute of Money and Banking American University of Beirut Email: [email protected] _________________________ *This work has benefited from a financial grant from the Commission of the European Communities within the context of the FEMISE program. The views expressed are those of the beneficiary and therefore in no way reflect the official opinion of the Commission. ABSTRACT There has been considerable interest in recent years in the prospective dollar- euro exchange rate motivated by the launch of the single currency in Europe. This project studies some of the factors that may constitute the main determinants of the dollar-euro exchange rate. In particular, it argues that in the year 2002−when the euro becomes legal tender within the euro area−there will be an appreciation in the value of the euro against the US dollar arising from shifts in demand towards the euro. Such shifts would work through EU trade invoicing, private portfolio diversification inside and outside the euro area, and central banks’ reserves diversification, strengthening the value of the euro against the dollar.
    [Show full text]
  • List of Commercial Banks Maintaining Clearing Accounts with the ECCB
    report and statement of accounts for the financial year ended 31 march 2020 i Letter of Transmittal 1 Monetary Stability ii Mission and Vision Statements 4 Financial Sector Stability ii Core Values 13 Fiscal and Debt Sustainability iii Monetary Council 17 Growth, Competitiveness and Employment Table of Contents iv Board of Directors 21 Organisational Effectiveness v Organisational Chart 33 Financial Results vi Management Structure 37 Corporate Governance Framework viii Agency Offices 46 Areas of Focus for 2020-2021 ix Highlights of the Year 53 List of Commercial Banks Maintaining Clearing Accounts with the ECCB xi Governor’s Foreword 54 Independent Auditors’ Report and Financial Statements EASTERNEastern CARIBBEANCaribbean CENTRALCentral BANK Bank 19 June 2020 Sirs In accordance with Article 48(1) of the Eastern Caribbean Central Bank Agreement 1983, I have the honour to transmit herewith the Bank’s Annual Report and Statement of Accounts for the year ended 31 March 2020, duly certified by the External Auditors. I am, Letter of Your Obedient Servant Transmittal Timothy N. J. Antoine GOVERNOR The Honourable Victor F Banks The Honourable Joseph E. Farrell Premier Premier ANGUILLA MONTSERRAT The Honourable Gaston Browne Dr The Honourable Timothy Harris Prime Minister Prime Minister ANTIGUA AND BARBUDA ST CHRISTOPHER (ST KITTS) AND NEVIS The Honourable Roosevelt Skerrit The Honourable Allen Chastanet Prime Minister Prime Minister COMMONWEALTH OF DOMINICA SAINT LUCIA eDr Th Right Honourable Keith Mitchell The Honourable Camillo Gonsalves Prime Minister Minister for Finance GRENADA SAINT VINCENT AND THE GRENADINES Tel: (869) 465-2537 • Fax: (869) 465-9562/1051 E-mail: [email protected] • Website: www.eccb-centralbank.org SWIFT: ECCBKN I | EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2019-2020 Advancing the good of the people of the currency mission union by maintainng monetary and financial stability and Statement promoting growth and development.
    [Show full text]
  • St Lucia 44 St Vincent and the Grenadines 47 Suriname 50 Trinidad and Tobago 52
    ~ . ' ,....•..•.•.........•....../. , . /": , .. ' ..""", .. " ," , "0" : .... ~ '" .. ~. • .' ': THE' THE· .~.... " . ,'. '....... .. ." .. ·0·• ••... ....••... '. ... .>~..•••........",-, j. ', .. ;;. •••••.•. :••.j.•...••, •.•••.•.••. :.. " " '''', -'... ', . ..'.. .. ...~ ~ European Commission Directorate-General for Development Unit 'Communications, publications and The ACP-EU Courier' rue de la Loi 200, B-1049 Brussels Telephone: 299 30 62 - Fax: 299 25 25 Manuscript completed in December 1994. Luxembourg: Office for Official Publications of the European Communities, 1995 © ECSC-EC-EAEC Brussels • Luxembourg, 1995 Reproduction is authorized, except for commercial purposes, provided the source is acknowledged Printed in Germany CONTENTS _________ ] Introduction 3 The European Union and Development Co-operation 4 The Union in Europe and in the World The Lome Convention and the Association of the Overseas Countries and 4 Territories with the Union The Caribbean and the European Union 6 Economic and political situation of the Caribbean 6 Instruments of EU-Caribbean co-operation 8 Regional co-operation 11 Co-operation with ACP States Antigua and Barbuda 18 The Bahamas 20 Barbados 22 Belize 25 Dominica 27 Dominican Republic 30 Grenada 33 Guyana 35 Haiti 37 Jamaica 39 St Christopher and Nevis 42 St Lucia 44 St Vincent and the Grenadines 47 Suriname 50 Trinidad and Tobago 52 Co-operation with the Overseas Countries and Territories Anguilla 54 British Virgin Islands 56 Cayman Islands 58 Montserrat 59 Netherlands Antilles and Aruba 61 Turks
    [Show full text]
  • Guyana Country Packet Updated January 2017
    Guyana Country Packet Updated January 2017 Maranatha in Guyana In 2017, the Seventh-day Adventist Church will commemorate 130 years of activity in Guyana. Their work over the years has resulted in 54,000 members and 214 congregations meeting each Sabbath. At one time, the Adventist Church operated several schools in Guyana, but in 1976, the government prohibited all private schools. The policy has now changed, but the Adventist Church has not yet re-started any schools in the country. Seeking to change this, church leadership has made a commitment to start a new school. Maranatha has committed to construct a new elementary school campus in the capital city of Georgetown. The current scope of Maranatha’s involvement will begin with the school campus and a few church buildings and will be fully defined as the project evolves. Maranatha will offer the first volunteer projects in the spring of 2016. Volunteer Opportunities In Guyana, Maranatha will focus on the construction of a One-Day School campus in Georgetown as well as One-Day Church frames located throughout the country. Volunteer projects typically combine construction with community outreach in the form of medical clinics and children’s programs. However, the details of each project vary, depending on the volunteers, availability of opportunities, and needs of the local church. Project Funding The local church is responsible for providing the land and labor to excavate the site. Maranatha has agreed to raise funds to help subsidize the building costs in Guyana. These funds are provided by donations from individuals, churches, school groups, and businesses as well as the donors of the $10 Church program.
    [Show full text]
  • Country, Capital, Currency
    List of all Countries, Capitals & Currencies of the World Country Capital Currency Afghanistan Kabul Afghan afghani Albania Tirana Albanian lek Algeria Agiers Algerian dinar Andorra Andorra la Vella Euro Angola Luanda Kwanza Antigua and Barbuda St. John’s East Caribbean dollar Argentina Buenos Aires Argentine peso Armenia Yerevan Armenian dram Australia Canberra Australian dollar Austria Vienna Euro Azerbaijan Baku Azerbaijani manat Bahamas Nassau Bahamian dollar Bahrain Manama Bahraini dinar Bangladesh Dhaka Bangladeshi taka Barbados Bridgetown Barbadian dollar Belarus Minsk Belarusian ruble Belgium Brussels Euro Belize Belmopan Belize dollar Benin Porto-Novo (official) West African CFA franc Bhutan Thimpu Bhutanese ngultrum Bolivia Sucre Bolivian boliviano Bosnia and Herzegovina Sarajevo Bosnia and Herzegovina convertible mark Botswana Gaborone Pula Brazil Brasília Brazilian real Brunei Bandar Seri Begawan Brunei dollar Bulgaria Sofia Bulgarian lev Burkina Faso Ouagadougou West African CFA franc Burundi Bujumbura Burundian franc Cambodia Phnom Penh Cambodian riel Cameroon Yaoundé Central African CFA franc Canada Ottawa Canadian dollar Cape Verde Praia Cape Verdean escudo Central African Republic Bangui Central African CFA franc Chad N’Djamena Central African CFA franc Chile Santiago Chilean peso China Beijing Chinese Yuan Renminbi Colombia Bogotá Colombian peso Comoros Moroni Comorian franc Costa Rica San José Costa Rican colon Côte d’Ivoire (Ivory Coast) Yamoussoukro (official),Abidjan West African CFA franc (seat of government) Croatia
    [Show full text]
  • Appendix 1 Political Forms of the Caribbean Compiled by Yarimar Bonilla, Rutgers University
    Appendix 1 Political Forms of the Caribbean Compiled by Yarimar Bonilla, Rutgers University Jurisdiction Political Status and Important Historical Dates Monetary Unit * = on UN list of non-self- governing territories Constituent country of the Kingdom of the Netherlands. Seceded from the Aruba Netherlands Antilles in 1986 with plans for independence, but independence was Aruban florin (AFL) postponed indefinitely in 1994. Constituent country of the Kingdom of the Netherlands. Former seat of the Antillean guilder N Curacao Netherlands Antilles central government. Became an autonomous country within (ANG) E the kingdom of the Netherlands in 2010. T Constituent Country within the Kingdom of the Netherlands. Part of the Windward H Sint Maarten Islands territory within the Netherland Antilles until 1983. Became an autonomous ANG E country within the Kingdom of the Netherlands in 2010. R L Special municipality of the Kingdom of the Netherlands. Formerly part of the A Bonaire Netherlands Antilles. Became a special municipality within the Kingdom of the US dollar (USD) N Netherlands in 2010. D Special municipality of the Kingdom of the Netherlands. Part of the Windward S Saba Islands territory within the Netherland Antilles until 1983. Became a special USD municipality within the Kingdom of the Netherlands in 2010. Special municipality of the Kingdom of the Netherlands. Part of the Windward Sint Eustatius Islands territory within the Netherland Antilles until 1983. Became a special USD municipality within the Kingdom of the Netherlands in 2010 Overseas territory of the United Kingdom. Formerly part of the British Leeward Island colonial federation as the colony of Saint Cristopher-Nevis-Anguilla.
    [Show full text]
  • Countries Codes and Currencies 2020.Xlsx
    World Bank Country Code Country Name WHO Region Currency Name Currency Code Income Group (2018) AFG Afghanistan EMR Low Afghanistan Afghani AFN ALB Albania EUR Upper‐middle Albanian Lek ALL DZA Algeria AFR Upper‐middle Algerian Dinar DZD AND Andorra EUR High Euro EUR AGO Angola AFR Lower‐middle Angolan Kwanza AON ATG Antigua and Barbuda AMR High Eastern Caribbean Dollar XCD ARG Argentina AMR Upper‐middle Argentine Peso ARS ARM Armenia EUR Upper‐middle Dram AMD AUS Australia WPR High Australian Dollar AUD AUT Austria EUR High Euro EUR AZE Azerbaijan EUR Upper‐middle Manat AZN BHS Bahamas AMR High Bahamian Dollar BSD BHR Bahrain EMR High Baharaini Dinar BHD BGD Bangladesh SEAR Lower‐middle Taka BDT BRB Barbados AMR High Barbados Dollar BBD BLR Belarus EUR Upper‐middle Belarusian Ruble BYN BEL Belgium EUR High Euro EUR BLZ Belize AMR Upper‐middle Belize Dollar BZD BEN Benin AFR Low CFA Franc XOF BTN Bhutan SEAR Lower‐middle Ngultrum BTN BOL Bolivia Plurinational States of AMR Lower‐middle Boliviano BOB BIH Bosnia and Herzegovina EUR Upper‐middle Convertible Mark BAM BWA Botswana AFR Upper‐middle Botswana Pula BWP BRA Brazil AMR Upper‐middle Brazilian Real BRL BRN Brunei Darussalam WPR High Brunei Dollar BND BGR Bulgaria EUR Upper‐middle Bulgarian Lev BGL BFA Burkina Faso AFR Low CFA Franc XOF BDI Burundi AFR Low Burundi Franc BIF CPV Cabo Verde Republic of AFR Lower‐middle Cape Verde Escudo CVE KHM Cambodia WPR Lower‐middle Riel KHR CMR Cameroon AFR Lower‐middle CFA Franc XAF CAN Canada AMR High Canadian Dollar CAD CAF Central African Republic
    [Show full text]
  • World Bank Document
    Report No. 2081-GUA Economic Memorandum on Guyana FILE COPY Public Disclosure Authorized June 13, 1978 Latin America and the Caribbean Regional Office FOR OFFICIAL USE ONLY Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Document of the World Bank This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization. CURRENCY EQUIVALENTS Through December, 1972 1/ US$1.00 G$ 2.093 G$ 1.00 US$0.48 December, 1973 US$1.00 G$ 2.105 G$ 1.00 US$0.475 December, 1974 US$1.00 G$ 2.229 G$ 1.00 US$0.449 October, 1975 US$1.00 G$ 2.550 G$ 1.00 US$0.392 / The Guyanese dollar floated with pound sterling from July 1972 to October 1975 when the Government announced its linkage to the US dollar at G$ 2.55 = US$1.00. FOR OFFICIAL USE ONLY This memorandum is based on the findings of a mission to Guyana in March 1978, composed of Mr. Jose Sokol (Chief of Mission) and Ms. Constance Bernard (Research Assistant). These findings were updated during a follow-up mission by Mr. Sokol in May 1978. The memorandum also incorporates the work of an earlier economic mission in November 1977 which included Messrs. Murray Ross (Chief of Mission), Peter Davies (Economist), Kalpathi Venkatraman (Investment Advisor), and Ms. Constance Bernard (Research Assistant). This document has a restricted distribution and may be used by recipients only in the performance nf thpir nffiridl diftieq Itc gnntpnte msv nnt nthprwivip hp dtic.lncpd withnu,t Wn.,ld Uo.L., TABLE OF CONTENTS Page No.
    [Show full text]
  • Dhura Balance
    DHURA DHANA AND ITS GUARANTEES PAWN SHARES AND CAPITAL QUOTES PLATINUM GRAMS ISSUED DHANA BILLS NATIONAL CURRENCY AMOUNT Afghanistan Afghani (AFA) 3,680,094,026,718 1,665,346,500 1,605,394,000 Albanian Lek (ALL) 967,529,007,609 212,690,460 205,033,000 Algerian Dinar (DZD) 6,513,209,400,439 1,936,676,520 1,866,956,000 Angolan New Kwanza (AON) 2,527,940,072,845 635,590,260 612,709,000 Argentine Peso (ARS) 311,071,265,185 2,268,769,020 2,187,093,000 Aruban Florin (AWG) 338,257,930 4,226,460 4,074,000 Australian Dollar (AUD) 71,369,842,087 1,179,327,360 1,136,871,000 Bahamian Dollar (BSD) 809,843,202 18,031,740 17,382,000 Bahraini Dinar (BHD) 684,656,676 39,383,820 37,966,000 Bangladeshi Taka (BDT) 25,167,073,847,185 8,002,601,040 7,714,507,000 Barbados Dollar (BBD) 1,494,297,743 16,596,420 15,998,000 Belize Dollar (BZD) 1,439,238,652 15,779,940 15,211,000 Bermudian Dollar (BMD) 171,058,633 3,837,600 3,699,000 Bhutan Ngultrum (BTN) 248,165,203,939 125,650,560 121,127,000 Bolivian Boliviano (BOB) 187,782,969,510 506,708,040 488,466,000 Botswana Pula (BWP) 25,469,485,411 95,473,920 92,036,000 Brazilian Real (BRL) 1,064,552,445,117 10,561,773,600 10,181,549,000 British Pound (GBP) 90,807,342,442 3,600,374,220 3,470,760,000 Brunei Dollar (BND) 1,517,661,866 21,053,880 20,295,000 Bulgarian Lev (BGN) 31,589,930,016 457,280,220 440,818,000 Burundi Franc (BIF) 17,506,646,627,328 382,380,120 368,614,000 Cambodian Riel (KHR) 142,546,580,389,406 766,519,440 738,924,000 Canadian Dollar (CAD) 94,193,361,682 1,914,136,080 1,845,227,000 Cape Verde Escudo
    [Show full text]
  • Barbados USD – United States Dollars
    Instructions for Funds Transfer to FirstCaribbean International Bank In Barbados USD – United States Dollars Instructions to: Wells Fargo Bank, New York SWIFT Code: PNBPUS3NNYC ABA Code: 026005092 For credit: FirstCaribbean International Bank (Barbados) Limited SWIFT Code: FCIBBBBB Beneficiary: Beneficiary Name Beneficiary Account Number CAD - Canadian Dollars To: CIBC, Toronto SWIFT Code: CIBCCATT For credit to: FirstCaribbean International Bank (Barbados) Limited SWIFT Code: FCIBBBBB Beneficiary: Beneficiary Name Beneficiary Account Number GBP – Pound Sterling Instructions to: Barclays Bank PLC, London SWIFT Code: BARCGB22 For credit to: FirstCaribbean International Bank (Barbados) Limited SWIFT Code: FCIBBBBB Beneficiary: Beneficiary Name Beneficiary Account Number EUR - Euros Correspondent Bank: JP Morgan Chase AG Frankfurt SWIFT Code: CHASDEFX Beneficiary Bank: FirstCaribbean International Bank (Barbados) Limited SWIFT Code: FCIBBBBB Beneficiary: Beneficiary Account Name Beneficiary Account Number TTD – Trinidad and Tobago Dollar Correspondent Bank: FirstCaribbean International Bank (Trinidad and Tobago) Limited SWIFT Code: FCIBTTP2 Beneficiary Bank: FirstCaribbean International Bank (Barbados) Limited SWIFT Code: FCIBBBBB Beneficiary: Beneficiary Account Name Beneficiary Account Number Instructions for Funds Transfer to FirstCaribbean International Bank In Barbados GYD – Guyanese Dollar Correspondent Bank: Republic Bank, Georgetown, Guyana SWIFT Code: RBGLGYGG Beneficiary Bank: FirstCaribbean International Bank (Barbados) Limited
    [Show full text]
  • UWI Open Campus Accounts
    THE UNIVERSITY OF THE WEST INDIES OPEN CAMPUS SCHEDULE OF FEES ACADEMIC YEAR 2011/2012 Tuition Fees Tuition fees cover tuition and examination costs, the costs of materials, e-learning and tutorials (as appropriate). Tuition fees are paid by semester at the time of registration. The tuition fees for repeating a course are the same as for a first attempt. Administrative & Other Fees In addition to tuition fees, there are Administrative fees, and Compulsory Fees such as ID card, Guild Fees and others; the details of which can be obtained from your Site. Fees are paid in the local currency of the Site of registration. The base currency for the calculation of fees for regional programmes is the US$. Please note that the fees quoted below are based on the confirmed exchange rates for the 2011/2012 academic year. UNDERGRADUATE & REGIONAL PRE-UNIVERSITY PROGRAMMES Tuition Fees Online/Blended - per 3 credit course Bahamas Dollar (BSD) $300 Barbados Dollar (BBD) $600 Belize Dollar (BZD) $600 Cayman Islands Dollar (KYD) $245 Eastern Caribbean Dollar (XCD) $810 Jamaica Dollar (JMD) $25,950 Trinidad & Tobago Dollar (TTD) $1,900 United States Dollar (USD) $300 Tuition Fees Face-to-Face - per 3 credit course Bahamas Dollar (BSD) $300 Barbados Dollar (BBD) $600 Belize Dollar (BZD) $600 Cayman Islands Dollar (KYD) $245 Eastern Caribbean Dollar (XCD) $810 Jamaica Dollar (JMD) $25,950 Trinidad & Tobago Dollar (TTD) $1,900 United States Dollar (USD) $300 Tuition&Fees 2011-2012.docx Page 1 of 4 18-Jul-11 BEd Literacy BEd Secondary Tuition Fees - per credit.
    [Show full text]