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I am German and live in Venezuela. Can I open an account in currency venez.BsF and you pay my supplier in USS?
I will pay my supplier in BsF Bolivares fuerte from Venezuela because there are too many problems with the conversation rate. Official rate is 2,15 BsF 1 USS.I want to open an account with your Banker - transfer Bolivares to your account that you will change in USS to pay my supplier. Is that possible. And where can I open an account? Do you have correspondence bank in Isla de Margarita or Caracas
What else can I help you with?
Does credit from supplier decrease account payable account?
No, it increases the liability account.
How to Change the currency in myob?
In paying supplier, I have entered the cash account wrongly in SGD instead of USD account. How to change the cash account to USD? The thing is, when I'm trying to change it to the cash account in USD, this account doesn't show. Only the USD exchange rate account is showing, and other asset/liab account as well except for the cash account in USD.
Do banks in Canada accept money from Venezuela?
Yes. Almost all major banks in the world accept money from foreign nations. They would accept the money and credit your local account with local currency money equivalent to the foreign currency money you deposited.
In Payment Plus how do you create a payment instruction for a supplier who uses a PAL account?
To create a payment instruction for a supplier using a PAL account in Payment Plus, first, navigate to the payment instruction section and select the option to add a new payment. Enter the supplier's details, including their PAL account number, and specify the payment amount and currency. Ensure that you review and confirm the payment details before submitting the instruction for processing. Finally, check for confirmation to ensure the payment has been successfully initiated.
What is FCR account?
Foreign Currency account
Why is personal account for a supplier kept?
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Can bank convert foreign currency to home currency without customer's approval?
If a customer receives a bank transfer in a foreign currency to his/her account it is standard practice to convert it into the currency of the account.
Your friend got a message from a supplier that her check says it's closed account however my friend's account is not closed and is wondering what happend to that check?
Your friend should phone, or visit, her bank branch. Only they can say why the supplier thinks that the account is closed.
When a supplier makes a downward adjustment in the amount owed by a creditor the creditor will?
increase the amount of the account payable to the supplier, and decrease an asset such as inventory.
What is the process for exchanging currency on the etr exchange platform?
To exchange currency on the etr exchange platform, you first need to create an account and verify your identity. Then, you can deposit your desired currency into your account and place an order to exchange it for another currency at the current exchange rate. Once the order is matched with a suitable counterparty, the exchange will be executed, and the new currency will be deposited into your account.
What is EEFC account?
Exchange earners foreign currency (EEFC) account . Its maintained by company or individual when they have receivable and payable in more than one currency.
What is the type of account when a company holds dollar account in an Indian bank?
This type of account is called "foreign currency account".
