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5mo ago

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What is an acquiring financial institution?

An acquiring financial institution is an institution whichcontracts with the bank and the merchant to enable credit cardtransactions.


What is the meaning of 'BCCR' as an institution supervising banks?

Usually BCCR is not an institution in and of itself but rather a division within an institution. It is a Banking Center Control Review.


What is the address of the financial institution?

The address of the financial institution is the physical location where it is situated.


What is Mt 202?

The MT202 is a payment message. This message is sent by or on behalf of the ordering institution directly, or through correspondent(s), to the financial institution of the beneficiary institution. It is used to order the movement of funds to the beneficiary institution. This message may also be sent to a financial institution servicing multiple accounts for the Sender to transfer funds between these accounts. In addition it can be sent to a financial institution to debit an account of the Sender serviced by the Receiver and to credit an account, owned by the Sender at an institution specified in field 57a.


How do you assign a CDARS account as collateral for a loan?

If you intend to borrow from the custodian (the institution through which you placed your order for the CDs), you and the institution enter into a security agreement that establishes the institution's security interest in the CDs. No separate control agreement is necessary, since the institution's security interest in the CDs is perfected by the institution's control of the CDs as your custodian. If you fail to repay the loan, the institution will be able to recover the amount of the loan when the CDs mature, since the payment of principal and accrued interest must come through the custodian institution.

Related Questions

What is a complex institution?

An institution that is complex


What is private institution?

Private institution z an institution own or control by one person


What is National Institution of health?

What you called, "National Institution of health", is The National Institution of Health.


Why did you choose this institution.?

You have to answer this we can't answer it for you.


What is an acquiring financial institution?

An acquiring financial institution is an institution whichcontracts with the bank and the merchant to enable credit cardtransactions.


Define financial institution and identify the types of financial institution in Nigeria?

Type your answer here Define financial institution and identify the types of financial institution in Nigeria? ...


What is another name for an institution design for learning?

Another name for an institution designed for learning is an educational institution.


What is the meaning of institution in Tagalog?

The word "institution" in Tagalog translates to "institusyon." It refers to an established custom, practice, or organization within a society that holds significance or authority.


What is a meaningful sentence for institution?

This institution is still growing.


What does Institution Name mean?

It is the address of the institution that you are talking about.


Higher Institution in Uganda?

Higher Institution in Uganda


What has the author Anderson's Institution written?

Anderson's Institution has written: 'A catalogue of minerals in the museum of Anderson's Institution, Glasgow'