credit is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead arranges either to repay or return those resources (or other materials of equal value) at a later date. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit).
IBCA in terms of Banking mean, Inter Bank Credit Transactions IBDA Inter Bank Debit Transactions
what do you mean by clearance in banking
The 5 C's of credit in banking terms are the following: 1. Character 2. Capital 3. Capacity 4. Collateral 5. Conditions
Line of Credit
Trade Invoice
non derogatory in banking means that an account is ok
Emily is I'm not shore
It means Credit Control
A non-derogatory account is a bank account (typically a credit account) which is current and has experienced no late payments in the last 36 months. Non-derogatory from a banking standpoint basically means that an account is OK.
SLF = Syndicated and Leveraged Finance
The full form of CMA data is CREDIT MONITORING ANALYSIS.
Do not disclose.