In banking terms, conversion refers to the process of changing one type of financial instrument or asset into another, such as converting a currency or transferring a loan into equity. It can also involve the transformation of assets or liabilities into cash or other forms of value. Additionally, in the context of customer behavior, conversion may refer to the process of turning potential customers into actual clients or account holders through various marketing and sales strategies.
what do you mean by clearance in banking
Trade Invoice
non derogatory in banking means that an account is ok
Emily is I'm not shore
SLF = Syndicated and Leveraged Finance
what do you mean by clearance in banking
Trade Invoice
non derogatory in banking means that an account is ok
Emily is I'm not shore
SLF = Syndicated and Leveraged Finance
IBCA in terms of Banking mean, Inter Bank Credit Transactions IBDA Inter Bank Debit Transactions
clering house ?
Here is a link to a glossary of banking terms. Click the link in 'Related Links'.
It really means has your background and honesty been checked.
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.
International Bank Account NumberBank Information Center
Conversion, in legal terms, is any unauthorized act that deprives owners of personal property without their consent. Felony theft by conversion is punishable up to 10 years in jail.