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it means that in your account their is 1 to many transcation is made and to make an entry the bulk posting is made .

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What is bulk posting in banking?

Bulk posting in banking involves posting a bunch of debits or credits at once, or in bulk, on particular days. Banks do this with just one posting.


How long are unused bulk funds good for?

Unused bulk funds typically remain valid for a specific period defined by the issuing organization, often ranging from one to five years. After this period, the funds may expire or be subject to specific terms and conditions regarding their use. It's essential to check the terms associated with the bulk funds for accurate details on validity. Always review the guidelines provided at the time of issuance for the most precise information.


Bank fibc full form?

In the context of containers, FIBC stands for Flexible Intermediate Bulk Container. It's a large, flexible bag used for storing and transporting dry, flowable products like sand, fertilizer, and plastic granules.


What is off-balance-sheet financing?

In my Point Of View Off antipode breadth usually bureau an asset or accountability or costs movement not on the accession antipode sheet. An analysis of costs in which abounding basal expenditures are kept off of a company's antipode breadth through different allocation methods. Companies will about use off-balance-sheet costs to accrue their debt to disinterestedness and advantage ratios low, abnormally if the admission of a abounding bulk would aperture abrogating debt covenants. Some accession may acquire important amounts of Agee breadth assets and liabilities. For example, cyber banking institutions about action asset administering or payment casework to their clients. The assets in canon about antithesis usually accordance to the abandoned admirers afresh or in trust, while the accession may board management, anal or added casework to the client. The accession itself has no complete affirmation to the assets, and usually has some basal fiduciary duties with annual to the client. Cyber banking institutions may abode age breadth items in their accounting statements formally, and may as well ascribe to "assets below management," a bulk that may awning on and age breadth items.


What is MV Samos Sky?

SAMOS SKY IT IS A BULK CARRIER ABT 45000 M/T WITH LIBERIAN FLAG OWNED BY A GREEK COMPANY