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Q: What is accepting deposits by a commercial bank mean?
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What does accepting deposits mean?

It means to give a down payment , towards the article.


What do you mean by commercial bank?

It can be defined as followed. Bank engaged in commerce.


What do you mean by Commercial?

It can be defined as followed. Bank engaged in commerce.


What is the swift code routing number for Muslim commercial bank Pakistan?

what is my muslim commercial bank account swift code routing number


What do you mean by reverse repo rates?

# 2 Repo rate is the discounting rate at which central bank borrows security from commercial bank.Repo means repurchase agreement b/w RBI &commercial bank. Reverse repo is the rediscounting rate at which commercial bank borrows discounted security from central bank ie RBI.


What does it mean when claim is subject to setoff in bankruptcy 7 case?

Example: you, a debtor, owe me $10,000. I owe you $5,000. I can set off my debt to you, meaning that you cannot collect the $5,000 I owe you. Your debt to me is reduced to $5,000. The most common type of setoff involves a bank. Your deposits in a bank constitute the bank's obligation to you. If you owe the bank $100,000, and the bank has $5,000 in deposits from you, it can zap your $5,000, and now you owe the bank $95,000.


What does empathedic mean?

accepting


What does BANKCARD BTOT ADJ mean?

he BTOT abbreviation stands for β€œbatch total.” It precisely will align with your batch deposits for the day. BTOT comes once a day, but there's no guarantee that you will get your bank deposits from a credit card processor in a BTOT form.


What does in-denial mean?

i think it means to not be accepting of the truth


What does OA mean?

open and accepting


What does it mean to reconcile a bank account?

A savings and especially a checking bank account have constant deposits and withdrawals, including debits and checks against the account. To reconcile an account is to start from the last monthly balance, add in all deposits, subtract the debits, checks, and withdrawls. Further, it usually means doing each one by one, to arrive at the correct current balance which should match the bank's stated balance.


What does the word rich mean in that its rich in mineral deposits?

It means that there is a lot of the mineral deposits.