Today, suppose Citibank received a deposit of $5,000,000 for 12 months and lent $5,000,000 for 6 months. To hedge the interest rate risk, Citibank made a six-against-twelve FRA with BNP Paribus. Notional amount on the FRA is $5,000,000 and the agreement rate (AR) on the FRA is 4.88%. Actual number of days on the contract is 187 days. Suppose, six months later, the settlement interest rate (SR) is 5.03%. Calculate the cash settlement value of the FRA transaction. Who receives the cash settlement?