monetary policy
monetary policy
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monetary policy
monetary policy apluss :)
In banking terms, withdrawal means the removal of money from a bank account. So the opposite is deposit, the adding of money to a bank account
Here is a link to a glossary of banking terms. Click the link in 'Related Links'.
what do you mean by clearance in banking
monetary policy
monetary policy apluss :)
In banking terms, withdrawal means the removal of money from a bank account. So the opposite is deposit, the adding of money to a bank account
Everything. Without our current financial system, world commerce would literally grind to a halt.
Money is the item that is inventory of a bank. In banking terms we can say Reserves.
Here is a link to a glossary of banking terms. Click the link in 'Related Links'.
what do you mean by clearance in banking
A check is a paper instrument signed by one person authorizing the bank to pay to another person an amount of money from the signing persons account at the bank.
The banking has something to do with .... Money saving . But manufacturing is for money but has to separating money and making money
An Obligor in banking terms is a person who owes the bank some money. Any individual who avails a loan or a credit service will be termed as an Obligor because he has an Obligation to repay the bank some money. The more common term would be a Customer.
MT Stands for Money Transfer in banking terms. A Money Transfer is a transaction wherein money is transferred from the bank account of one customer into the bank account of another customer. For Ex: let us say I owe you Rs. 5000/- which I borrowed last month and I know your bank account number. I can just login to my bank account and transfer the money to your account using the MT facility
non derogatory in banking means that an account is ok