What is a banker's acceptance?

Anonymous

∙ 11y ago

Updated: 8/21/2019

A banker's acceptance is a negotiable instrument or time draft drawn on and accepted by a bank, which upon acceptance becomes an obligation of the bank and is a marketable money-market instrument.

Wiki User

∙ 9y ago

What else can I help you with?

Why borrower on LIBOR versus Bankers Acceptance?

its cheaper

What are the advantages and disadvantages of banker's acceptance?

disadvantages of bankers' acceptances

Major distinguishing feature between commercial paper and bankers acceptance?

the major difference is the commercial paper does not carry a payment guarantee made by a bank where as the bankers note catties that guarantee

Who hires bankers?

Bankers Retardo

Who is the target market for fixed deposit?

platimum bankers platimum bankers platimum bankers

Are bankers a salesperson?

no bankers are not sales people but they are the advisors

What is a group of bankers called?

A Wunch is what a group of bankers are called.

When was Bankers Hall created?

Bankers Hall was created in 1989.

What is the bankers duty?

Dominated by the banking industry, entrepreneurs, bankers said. Do bankers known as: capitalists, investors Bankers means good at breeding in the business vision into business reality of people

What does bankers have to do with math?

Bankers count money and calculate how much to give you.

When was The Bankers created?

The Bankers was created in 1975.

Summary of bankers are just like anybody else by ogden Nash?

bankers

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