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What is the meaning of DLC in banking business and What is the difference in between LC and DLC?
Can the issuing bank be held responsible for the dlc if their client default
Differences between visa card and master card?
The difference between Visa Card and Master Card is the issuing bank. Other differences include interest rates and balance transfer rates.
What is seignorage?
Seignorage is the net revenue that is derived from issuing currence. For exampe, with coins; the seignorage is the difference between the face value of the coin, less the cost of producing, distributing and retiring the coin from circulation.
How do you find your credit card's issuing bank?
It should be right on the card. If it isn't it will be in the paperwork you received when they issued you the card.
What is the difference between office circulars and office orders and office notes?
an office circular is basically informational and does not have binding authority on it. however an office order is like an instruction that is meant for compliance and source of authority issuing it is well defined.
What is the meaning of DLC in banking business and What is the difference in between LC and DLC?
Can the issuing bank be held responsible for the dlc if their client default
What is the difference between the passport issuing country and the place of issue on a passport?
The passport issuing country is the country that issues the passport, while the place of issue on a passport refers to the specific location within that country where the passport was issued.
Differences between visa card and master card?
The difference between Visa Card and Master Card is the issuing bank. Other differences include interest rates and balance transfer rates.
Is the time that elapses between issuing replenishment order and receiving the material in stores?
is the time that elapses between issuing replenishment order and receiving the material in stores.
What is seignorage?
Seignorage is the net revenue that is derived from issuing currence. For exampe, with coins; the seignorage is the difference between the face value of the coin, less the cost of producing, distributing and retiring the coin from circulation.
What difference between LC by negotiation and LC by payment?
Without going into too much detail, Negotiation is the act of the Nominated bank in effecting payment to the beneficiary (in advance of its own receipt of funds from the issuing bank) of the value of the presentation, less an amount of deduction by reason of the time element between the early payment date and the expected date of receipt of funds from the issuing bank. An LC available by negotiation should not allow for immediate reimbursement (e.g authority to debit issuing bank's account, or claiming reimbursement from third party), and would require the nominated negotiating bank to first pay (or commit to pay at a future date) from its own funds and receive reimbursement only after the issuing bank has received the documents and have found them to be in order. In the event that it has commited to pay at a future date, to constitute an act of negotiation, such date must be earlier than the expected date of reimbursement from the issuing bank On the other hand, under an LC available by Payment, the nominated bank does not advance its own funds, but pays only after it is in a position to either debit the issuing bank's account in its books, or has received reimbursement by claiming on a nominated reimbursing bank.
What is the difference between rma and cma?
Registered Medical Assistant vs. Certified Medical Assistant are the same thing. The only real difference is the organization issuing the credentials. Note that a Certified Medication Aide, or Certified Medication Assistant (also abbreviated as CMA) is different.
What do you call the practice of issuing a legal order?
The practice of issuing a legal order is typically referred to as "judicial decree" or "court order." It is a formal directive issued by a court or legal authority that requires individuals or entities to take certain actions or refrain from specific activities.
How do you find your credit card's issuing bank?
It should be right on the card. If it isn't it will be in the paperwork you received when they issued you the card.
What is stock checking?
Is a checking on quantity of items or material including issuing and received material within stock
Difference between Export LC and import lc?
An import LC is one made with reference to the buyer but with an export LC, the LC is changed to that with reference to the Issuing bank. This gives a stronger guarantee of payment to the seller.
What explains the difference between fiat money and commodity?
Commodity money can be used for some other purpose while Fiat money can only be used as a medium of exchange.Commodity (sometimes referred to as "Hard") money is currency which is fully backed by a specie (usually a precious metal i.e. Gold, Silver, or Platinum). Fiat money is backed only by a promise of the issuing government to honor the value of the bill or coin.
