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Exception processing in banking is simply when an item is processed as an exception to normal practices and as a courtesy to the customer. For example, you have written a check for an amount slightly higher than your bank balance and it is cleared through your account rather than being returned NSF. This might result in an overdraft or additional service charges but saves you the embarassment of the NSF check and NSF charges.
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What do you mean by clearance in banking terms?
what do you mean by clearance in banking
What does TI'S mean in banking terms?
Trade Invoice
What does non derogatory mean in terms of banking?
non derogatory in banking means that an account is ok
What does tr mean in banking terms?
Emily is I'm not shore
What does SLF mean in banking terms?
SLF = Syndicated and Leveraged Finance
What do you mean by clearance in banking terms?
what do you mean by clearance in banking
What does TI'S mean in banking terms?
Trade Invoice
What does non derogatory mean in terms of banking?
non derogatory in banking means that an account is ok
What does tr mean in banking terms?
Emily is I'm not shore
What does SLF mean in banking terms?
SLF = Syndicated and Leveraged Finance
What is IBCA in banking?
IBCA in terms of Banking mean, Inter Bank Credit Transactions IBDA Inter Bank Debit Transactions
What do you mean by clearing house in terms of banking related to scheduled banks?
clering house ?
What does have you ever been bonded mean in banking terms?
It really means has your background and honesty been checked.
What does ctx mean in banking terms?
In banking terms, CTX refers to Corporate Trade Exchange. CTX is a transfer system used corporations and governmental agencies. The CTX format allows for a payment to several parties with a single funds transfer.
In banking terms what do the abbreviations IBAN and BIC mean?
International Bank Account NumberBank Information Center
Ally and land are terms in which sport?
Not rowing, with the possible exception of 'land' which could be construed to mean "go 'land' your boat on the dock"
What does APR mean?
The adjective 'apre' may mean harsh, in terms of a voice. Or it may mean fierce, in terms of a fight. Or it also may mean bitter, in terms of cold and wind, discussions, and fruits and taste.
