- collecting bank
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collecting bank see bank
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
collecting bank
Look at other dictionaries:
Collecting bank — An ISO term. A bank requested to perform a collection service. ISO Collection Order Form term. The bank requested to collect the remittance. 5*35x … International financial encyclopaedia
collecting bank — remitting bank The bank to which a person who requires payment of a cheque (or similar financial document) has presented it for payment … Accounting dictionary
collecting bank — remitting bank The bank to which a person who requires payment of a cheque (or similar financial document) has presented it for payment … Big dictionary of business and management
collecting bank — A bank that assists in obtaining payment in accordance with draft payment terms. Bloomberg Financial Dictionary … Financial and business terms
bank — / baŋk/ n: an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank: a banking facility that is a separate but dependent part of a chartered bank; esp: a… … Law dictionary
bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… … Black's law dictionary
bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… … Black's law dictionary
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Bank of America controversies — Bank of America has been involved in several controversies and received a wide variety of public criticism. This page details some of the more notable and public issues.Criticism of policiesAccount closures without warningWhen opening a deposit… … Wikipedia
Bank secrecy — (or bank privacy) is a legal principle under which banks are allowed to protect personal information about their customers, through the use of numbered bank accounts or otherwise. Effective bank secrecy is better achieved in certain countries,… … Wikipedia
