Promissory note A7 for foreign economic activity: exchange rate fixing and income in foreign currency for legal entities
Foreign economic activity companies are increasingly looking for ways to fix the exchange rate and maintain margins in the period between planning and payment of the contract. The A7 promissory note for legal entities is being promoted on the market: it is linked to the Central Bank's exchange rate for CNY, USD, EUR, AED and the declared interest income. We analyze the mechanics, conditions and risks.
