1. Deutsche Bank e-commerce A segmentation approach to FX
One-off high value
Transactions
Value Drivers: Best execution is the priority,
remains in the relationship channel, selecting one bank counterparty with sufficient liquidity to manage the transaction with minimal market impact. Algorithmic Trading can play a role.
High
Tailored solutions to tailored requirements
Active Trading Treasury
Value Drivers: Fast execution is the priority. Online services/ functionality in Autobahn FX
Core day to day treasury
transaction management Value Drivers: Best price, speed of execution, netting and allocation to relationship banks. Straight through processing to reduce costs. Autobahn Treasury
Ticket
Notional
Value
“under the radar” Transactions
Value Drivers: Low cost, integrated processing, transparent and consistent pricing. Allocation across multiple bank counterparties adds costs, reduces netting benefits and has low value to the banking partners as well. Best serviced via a single bank relationship – FX4Cash
Low
High
Low
Number of Tickets

2. Deutsche Bank: The World's Best FX Bank
Euromoney Survey 2010
DB has 26.4% market share in electronic FX trading
18.06%
11.30%
Market Share
11.08%
7.69%
6.50%
6.35% DB
UBS
Barclays
Citi
RBS
JP Morgan

3. The challenges keep on coming
Liquidity management
Centralisation
Volatility in markers and in forecasts
Counterparty risk / credit risk
Optimisation of cash – pooling and effectively managing cash
Globalisation - operating a 24 hour treasury centre, operational risk
Benchmarking a treasury’s performance
Reducing per ticket cost of execution
Maximising netting across the group of companies/exposures
Accounting concerns - IAS39, GAAP, FASB
Technology – opening more doors
European Payments Directive initiatives
Legal issues as more currencies join the EURO

4. What is FX4Cash? A cross-currency payment solution
Enable you to make and receive payments in 125 currencies without having to maintain foreign currency accounts
A streamlined process
Allow you to handle small value, repetitive cross-border payments efficiently and cost-effectively
A strong value proposition
Combine Deutsche Bank’s leading Foreign Exchange (FX) offerings and payment capabilities
Receivables
Convert incoming FX payments into the base currency of your choice
Credit to your account at DB or with another bank
Active Client Funding
Use FX4Cash, without having accounts in DB
Client sends funding directly from their acc in another bank to DB LDN 4

5. Show Me How to… 1. Format and Identify my SWIFT Message
How to Specify Payment Amt and Currency
Identify the foreign currency and amt
Commonly used if you received a Daily Rate Sheet and calculated the conversion amount
Currency and amount to be supplied in Field 32A
Example: :32A:080402GBP1300
Client is debited for GBP equivalent amount from the base currency account
Standard SWIFT Method
Identify the base currency and amt
When you only know the base amt and currency:
:32A: GBP0,
:33B: EUR1000,
Indicates the foreign currency amount to be paid to beneficiary is GBP equivalent of EUR1000.
How to Identify FX4Cash Payments
Send payments directly to FX4Cash SWIFT address: DEUTGB2LF4C
- OR -
Send payment to the same BIC address you use for EUR, USD or GBP payments (e.g. BKTRUS33 for USD) and include the following codeword:
Field 72: /DBF4C/

6. Show Me How to… 2. Book LIVE FX Rates for Outgoing Payments

7. FX4Cash supports the following 125 disbursement currencies
ALL
Albanian Lek
DZD
Algerian Dinar
AOA
Angola Kwanza
ARS
Argentine Peso
AMD
Armenian Dram
AUD
Australian Dollar
BSD
Bahamian Dollar
BHD
Bahrain Dinar
BDT
Bangladesh Taka
BBD
Barbadian Dollar
BYR
Belarusian Ruble
BZD
Belize Dollar
BOB
Bolivian Boliviano
BAM
Bosnia Herzegovina Marka
BWP
Botswana Pula
BRL
Brazilian Real
GBP
British Pound
BGN
Bulgarian Lev
BIF
Burundian Franc
KHR
Cambodian Riel
CAD
Canadian Dollar
CVE
Cape Verdean Escudo
XOF
Central African States CFA Franc BCEAO
XAF
Central African States CFA Franc BEAC
CLP
Chilean Peso
CNY
Chinese Yuan
COP
Columbian Peso
CDF
Congolese Franc
CRC
Costa Rican Colon
HRK
Croatian Kuna
CZK
Czech Republic Koruna
DKK
Danish Krone
DJF
Djiboutian Franc
DOP
Dominican Peso
XCD
Eastern Caribbean Dollar
EGP
Egyptian Pound
ERN
Eritrean Nakfa
EEK
Estonian Kroon
ETB
Ethiopia Birr
EUR
Euro
FJD
Fijian Dollar
GMD
Gambian Dalasi
GEL
Georgian Lari
GHS
Ghanaian Cedi
GTQ
Guatemalan Quetzal
GNF
Guinean Franc
GYD
Guyanese Dollar
HTG
Haitian Gourde
HNL
Honduran Lempira
HKD
Hong Kong Dollar
HUF
Hungarian Forint
ISK
Icelandic Krona
INR
Indian Rupee
IDR
Indonesian Rupiah
IQD
Iraqi Dinar
ILS
Israeli Shekel
JMD
Jamaican Dollar
JPY
Japanese Yen
KZT
Kazakhstan Tenge
KES
Kenyan Shilling
KRW
Korean Won
KWD
Kuwaiti Dinar
LVL
Latvian Lats
LBP
Lebanese Pound
LSL
Lesotho Loti
LRD
Liberian Dollar
LTL
Lithuanian Litas
MKD
Macedonian Dinar
MGA
Malagasy Ariary
MWK
Malawi Kwacha
MYR
Malaysia Ringgit
MRO
Mauritanian Ouguiya
MUR
Mauritius Rupee
MXN
Mexican Peso
MNT
Mongolia Tugrik
MAD
Moroccan Dirham
MZN
Mozambique Metical
NAD
Namibian Dollar
NPR
Nepalese Rupee
ANG
Netherlands Antillean Guilder
NZD
New Zealand Dollar
NIO
Nicaragua Cordoba
NGN
Nigerian Naira
NOK
Norwegian Krone
OMR
Omani Rial
PKR
Pakistan Rupee
PGK
Papua New Guinea Kina
PYG
Paraguay Guarani
PEN
Peruvian Nuevo Sol
PHP
Philippine Peso
PLN
Polish Zloty
QAR
Qatari Rial
RON
Romanian Leu
RUB
Russia Rouble
RWF
Rwandan Franc
STD
Sao Tome & Principe Dobra
SAR
Saudi Arabian Riyal
RSD
Serbian Dinar
SLL
Sierra Leone Leone
SGD
Singapore Dollar
SBD
Solomon Islands Dollar
ZAR
South African Rand
LKR
Sri Lanka Rupee
SRD
Surinamese Dollar
SZL
Swaziland Lilangeni
SEK
Swedish Krona
CHF
Swiss Franc
XPF
Tahitian Franc
TWD
Taiwanese Dollar
TZS
Tanzanian Shilling
THB
Thai Bhat
TOP
Tonga Pa’anga
TTD
Trinidad & Tobago Dollar
TND
Tunisian Dinar
TRY
Turkish New Lira
UGX
Ugandan Shilling
AED
United Arab Emirates Dirham
USD
United States Dollar
UYU
Uruguayan New Peso
VUV
Vanuatu Vatu
VEF
Venezuelan Bolivar Fuerte
VND
Vietnamese Dong
WST
West Samoa Tala
ZMK
Zambia Kwacha

8. Live Rates AutoConvert or Manual Trade
How Does FX4Cash Payment Work?
Live Rates AutoConvert or Manual Trade
Fixed Rates
Customer
Base Currency A 2 1
Execute FX Trade(s)
Beneficiary
Credit Currency B
Client sends FX4Cash Payment Instruction (via db-di, SWIFT or H2H)
DB releases instructions for payment processing
DB pays bene via Wire, ACH or Draft in local currency 5
DB debits client’s base currency account 3 4
Payment Systems

9. How Does Active Client Funding Work?
Live Rates
Fixed Rates
Customer
Base Currency A 2 1
Execute FX Trade(s)
Beneficiary
Credit Currency B
Client sends FX4Cash Payment Instruction (via db-di, SWIFT or H2H)
DB releases instructions for payment processing
DB pays bene via Wire, ACH or Draft in local currency
Customer sends a cover payment for its today´s trades.
The cover payment can be sent from any client´s account, outside DB 5 4 3
Payment Systems

10. What You Need vs. What We Offer
Customer Needs
dbFX4Cash Solutions
Pay beneficiaries almost anywhere in the world
Consolidate foreign currency accounts
Receive fixed rates for your FX payments
Know your expected FX costs before you initiate payments
Book one large FX trade to support multiple payments
Cover 125 disbursement currencies
Keep a single base currency account to fund payments in other currencies
Send daily rate sheet at your specified time in the way you want to receive it
Access online streaming rates and seamlessly link FX trades to payments
Offer pre-deal online and flexible options for you to remit payments 10

11. Customer Benefits
Partnering with a global provider that offers all-in-one FX and payment services
Improving efficiency via a streamlined process of FX dealing, settlement and payment
Saving costs by consolidating accounts, eliminating idle balances, and aggregating FX trades
Mitigating risks of operating local currency accounts and exposure to currency volatility
A single window to track all your FX payments with full audit trail
One point of contact for payment and FX inquiries

12. Benefits of autobahn®FX
Quick and easy access to deep market liquidity
Any size of deal possible (up to your available credit/margin limit)
Commission-free dealing
Consistent, reliable currency and precious metal prices
Transparent view of the market from your office, home or while travelling
Dedicated 24-hour client support team: contactable by chat, and telephone
24-hour availability 6 days a week: you can trade even when your local market is closed

13. Features of autobahn®FX
Over 200 currency pairs
Dynamic Pricing on Spot: prices adjust according to size of trade
Straight Through Processing (STP)
Trade Confirmations can be sent to multiple destinations for all Spot, Outright, Swap and Option transactions
Post trade operations available on demand: aggregation, rolls and allocation
Application Programmable Interfaces (API): deliver streaming prices 24 hours a day
Laddered Pricing
FX indices are offered for a selection of currencies and baskets
Customisable Trade and Expiry Blotters
Streaming Pricing on Options as well as Spot, Outrights and Swaps
Exceptional range of Non-Deliverable Forwards (NDFs) available
Full Options pricing capabilities

14. autobahn®FX
Spot Liquidity Window…
… with Fast Orders
Page 14

15. Option Calculator – Vanillas and Strategies
Page 15

16. autobahn®FXAlgo
New trading tool allowing you to control the slicing, timing and fills of large orders with much greater precision and transparency than has previously been possible
Allows you to decide in advance exact order size and spreads
Monitor your order and stop, pause or amend strategies at the click of a button

17. Introduction - autobahn®Treasury
autobahn®Treasury is the all in one solution for the automation and optimisation of FX and MM transactions between group treasuries and their subsidiaries.
Corporates can easily manage and centralise internal treasury workflows with and for their subsidiaries.
With autobahn®Treasury, corporates are able to capture trades internally with subsidiaries and directly with Deutsche Bank. Internal trade requests from subsidiaries can be quoted automatically based on Deutsche Bank rates with optional mark-up or manually.
Treasury has the ability to take internal trades into the groups currency position or to hedge them automatically one to one with Deutsche Bank. Currency positions can be hedged manually or automatically.

18. autobahn®Treasury Modules
Trade Blotters & ToDo List
FX Netting/Position by CCY
and Total (incl. P&L and NPV)
Reinhard
FX & MM trade capture
Administration & Tools
FX & MM confirmation tool

20. FX4Cash Client Website Currency Guide Demos Latest News
Contact details
Brochures
Username: FX4Cash
Password: deutsche

21. FX4Cash Smart Convert Smart Convert is… How does it work?
A new feature of FX4Cash
An automated conversion of USD, EUR and GBP payments into the local currency
An easy service to implement, requiring little change by your bank
A new approach for your bank to earn revenues
How does it work?
Your bank sends eligible USD and/or EUR payments to an usual SWIFT address (DEUTDEFF for EUR, BKTRUS33 for USD)
DB will determine if payment can be converted to local currency based on your parameters:
Amt thresholds, Country, Bene, B/O
DB will book a trade and on settlement , make the payment in local currency (Same day, Next day and Spot)
Your bank has the opportunity to add a mark-up to our core rate
Payment is effected in local currency to beneficiary
Page 21

22. The Details: Flow and Override Controls
Flow Controls
Available currencies
Set-up for each client
If BBK field (57) is a valid country (5th and 6th characters), Smart Convert will convert to respective currency
Amount thresholds
Ability to set minimum and maximum thresholds
Minimum should not be less than USD/EUR500
Maximum should generally not be greater than USD/EUR 500k
Other Inclusion options:
Any field in payment message
For example, the client may want to set-up Swiss Franc for only two beneficiary banks
Override Controls
Payment Details
Beneficiary
By Order Party
Beneficiary Bank
Reference
Wildcards available
Other Overrides
Intercompany transfers (Field 23=INTC)
Page 22

23. The Details: Managing Reconverts
Reconverts occur when we receive a complaint from the bene or our client about the conversion and we are requested to pay in the original currency
Once funds are returned, FX4Cash Investigations will reconvert the paid funds to the original currency using the rates for that day
The payment is then re-effected in full amount to the beneficiary in the original currency
Your bank has the option of automatically setting the beneficiary on an override pattern or you can review individually
When the conversion to the original currency occurs, there may be a gain or loss from the conversion.
We will ensure special arrangements with your bank to manage this gain or loss.
Page 23

24. Questions and Answers – Smart Convert
Q: Is there a legal agreement needed?
A: Yes, a slim 3 page agreement is required
Q: Why do we limit the currencies to 39?
A: We limit the currencies to those provided by DB London where we do not face restrictions in the payment or in their returns
Q: How do we manage returns or complaints?
A: Once we receive a return, we will re-effect the full original currency amount. The potential gain or loss can be borne by the customer or the sales manager
Q: How do I get implemented?
A: The same implementation process used for FX4Cash is used for Smart Convert. Once the set-up form is completed, a client kick off meeting will be scheduled.
Q: Can our bank use standard FX4Cash as well as Smart Convert?
A: Yes. However, we currently cannot differentiate the markup or client margin between the two services unless the client opens a separate account
Q: What are the special formatting requirements?
A: There are none.
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