Collateral

To cover your obligations you may use the following collateral:

Cash on a Collateral and Settlement Account

NOS accepts USD, GBP, NOK, SEK and EUR as collateral for FX positions. The cash has to be posted on a Collateral and Settlement account with NOS in our collateral bank. The accounts are opened by NOS and are regulated by the Appendix 3 for FX to the Rulebook.

Excessive Collateral

The member may withdraw the excessive collateral posted as cash by sending NOS a cash release form signed by an authorized signature.