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Uni-banking is a system where all the branches of the bank are electronically linked and the customers can carryout their transactions at any branch of the bank as it is the branch where they have their account. But inter banking is a system where you carryout transactions between two banking institutions.

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What are GREY screens in banking?

The grey screen transaction is actually called inter bank grey screen transaction. A gray screen transaction relates to the old style Nostro Banking.


What types of services are offered online at the Citibank website?

There are several services offered online at the Citibank website. These services include online banking, online bill payments, inter-institution transfers, and text banking.


What is an inter banking system?

An interbanking system refers to the network through which banks and financial institutions conduct transactions and exchange funds with one another. This system facilitates various activities, including the transfer of money, settlement of payments, and clearing of checks. It often involves mechanisms such as the interbank lending market, where banks lend to and borrow from each other to manage liquidity and meet reserve requirements. Overall, the interbanking system is crucial for maintaining the stability and efficiency of the financial system.


What are inter regional trade?

Interregional trade is trade that takes place between two or more regions.


What is inter-corporate deposit?

An Inter-Corporate Deposit (ICD) is an unsecured loan extended by one corporate to another. Existing mainly as a refuge for low rated corporates, this market allows funds surplus corporates to lend to other corporates. Also the better-rated corporates can borrow from the banking system and lend in this market. As the cost of funds for a corporate in much higher than a bank, the rates in this market are higher than those in the other markets. ICDs are unsecured, and hence the risk inherent in high. The ICD market is not well organised with very little information available publicly about transaction details.

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What are GREY screens in banking?

The grey screen transaction is actually called inter bank grey screen transaction. A gray screen transaction relates to the old style Nostro Banking.


What is the prefix-inter of the word international?

The prefix of the word international is inter- which means between or among.