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MT103 is a payment order
What else can I help you with?
What is a fixed deposit?
A fixed deposit is a financial instrument provided by banks or NBFC's which provides investors with a higher rate of interest than a regular savings account.
What are the basic components of Philippine financial system?
Banks and financial intermediaries that are not banks are the components of the financial system of the Philippines. Foreign investors, commercial banks, corporations, and brokers play key roles in the system.
What is the financial sector composed of?
Banks
What instrument did Louis banks plays?
he is a jazz pianist.
Is the face value of a financial instrument the same as its principal amount?
Yes, the face value of a financial instrument is the same as its principal amount.
What are the elements of financial system?
The main elements of Financial System are as follows:MoneyFinancial MarketsFinancial InstitutionsFinancial InstrumentsCentral Banks
What are financial centers?
usually,,banks and brokerage firms are considered financial centers
Is letter of credit a financial instrument?
A letter of credit is a financial instrument. It should be treated as such and guarded like you would a credit or debit card.
3 main types of banks in your financial system?
1. Public sector banks 2. Private banks 3. Foreign banks
Who offer mortgages?
Banks, financial institutions.
What kind of advice do banks offer?
Financial.
What is the objectives of foreign banks?
these banks are existing to provide financial assistance to poor NRIs
