Template Letter of Intent - Participation in TIPS Cross-Currency Testing Campaigns

Sep 16, 2026

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Template Letter of Intent for participants declaring intent to take part in preparations for TIPS cross-currency, including participation in testing campaign(s) and further in-depth service discussions. The template captures consent to share the participant’s name with other participants in the same test preparation phase, specifies intended roles across TIPS EUR, RIX-INST, and TIPS DKK, and allows selection of first and later testing campaigns. Signature confirms no legal obligation to go live in production.

LanguageEnglish

CategoryLetters

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Declaration of Intent

Consent and Role Selection

Testing Campaigns and Go-Live Clarification

Undertakings and Signature

Template Letter of Intent We, [ Name of participant], hereby declare our intent to participate in the preparations of TIPS cross-currency, including participating in testing campaign(s) and in further indepth discussions on the service. In the testing campaign , we intend to participate as follows (the roles are further described in the Call for Expression of Interest):1 | | TIPS EUR | RIX-INST | TIPS DKK | | --- | --- | --- | --- | | Originator PSP | yes/no | yes/no | yes/no | | Exit-leg PSP | yes/no | yes/no | yes/no | | Entry-leg PSP | yes/no | yes/no | yes/no | | Beneficiary PSP | yes/no | yes/no | yes/no | By indicating to participate in one or several of the above roles, we consent that our name is communicated to other participants in the same test preparation phase. Please indicate which test campaigns you intend to participate in: 1) The first testing campaign (July-September 2025) for the planned technical go-live of the functionality in October 2025 [YES/NO] 2) Later test campaigns2 after the technical go-live in October 2025 [YES/NO] By signing this Letter of Intent , we undertake no legal obligation to go live in production with the functionality in October 2025 in any of the roles indicated above. Rather, we express our intent to: 􀁸 Take part in the preparations of the testing campaign(s) , including deciding on dedicated dates for the testing activities, defining test cases and help finalizing the overall testing strategy; 􀁸 Provide input to ensure a smooth onboarding and implementation of the service; and 􀁸 Join in-depth discussions on the further development of the service. [xx PARTICIPANT][ Date], [ Place] [ Name of signatory] representing the [ Name of participant] 1 Anticipated participation role(s) for your first testing period should be noted. 2 Signed-up market participants for later testing campaigns will be asked later on to indicate in which of the testing campaigns they wish to participate in. For further information please refer to section 2 - Timeline and testing strategy of the call for expression of interest document. If you plan to participate with an account in RIX-INST, please send to letter of intent to [RIX-INST.TIPS-CCY@riksbank.se](RIX-INST.TIPS-CCY@riksbank.se) If you plan to participate with an account in TIPS DKK, please send the letter of intent [to](to target2_sektoren@nationalbanken.dk)[ ](to target2_sektoren@nationalbanken.dk)[target2_sektoren@nationalbanken.dk](to target2_sektoren@nationalbanken.dk) If you plan to participate with an account in TIPS EUR please send the letter of intent to your national central bank and to TIPS@ecb.europa.eu If you plan to participate with accounts in different currencies, please send the letter of intent to all relevant addresses.

FAQs

What does this Letter of Intent declare for TIPS cross-currency?

It declares the participant’s intent to participate in preparations for TIPS cross-currency, including testing campaign(s) and further in-depth discussions on the service.

Which roles and systems can participants indicate in the template?

Participants indicate participation roles across TIPS EUR, RIX-INST, and TIPS DKK, selecting whether they act as Originator PSP, Exit-leg PSP, Entry-leg PSP, and/or Beneficiary PSP.

Does signing create a legal obligation to go live in production?

No. By signing, the participant undertakes no legal obligation to go live in production with the functionality in October 2025.

Sep 16, 2026

Upload by Terk