Mirlena Stefani FASTIP June 2012 Mirlena Stefani FASTIP June 2012 Payment Instruments in European Area Payment Instruments in European Area Contents Introduction 1 1. Chapter I - Key Concepts - Payments 2 1.1 Paymants and the payment system 2 1.2 Types of Payment 3 1.3 Payment Instruments 4 2. Chapter II - The Payment Market Landscape in the Euro Area 6 2.1 Introduction 6 2.2 Payment instruments 7 2.2.2 Non-cash payment instruments 7 2.3 Large-value payment system operating
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customers where the bank appoints an agency to pick-up/Deliver cash‚ pick-up cheque or pick-up/deliver trade documents from the client’s doorstep. Its Convenient No travelling or queuing at the branch Bank within the secure environment of your office No need to break your busy schedule for routine transactions Its hassle free Service offered through reliable service providers Dedicated courier agencies for Cheque pick up Experienced Cash-in-Transit for cash pick-up delivery It’s
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CHAPTER –6 Credit creation by commercial Bank Demand deposits as money Bank deposits are two types. 1. Demand Deposit 2. Time deposit The demand deposits on which cheques are issued are also called as cash deposits or current deposits. D.D are therefore‚ almost as good as cash money the depositor can convert a part or the whole of the current account in currency notes at any time. According to T.T Sethi “A demand deposit is the obligation of a bank to pay a certain sum of money to a specified
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Mobile Finance For Apex and RCBs 4/3/2012 George Edward Neizer Table of Contents Introduction 3 Mobile Accounting 3 Mobile Brokerage 3 Mobile Financial Information Services 4 Technological Platforms that enable Mobile Finance 4 Interactive Voice Response (IVR) 4 Java 2 Micro Edition (J2ME) 4 Short Message Service (SMS) 4 Secured Short Message Service (SSMS) 5 Figure 1 5 Unstructured Supplementary Service Data (USSD) 5 SIM Application Toolkit (SAT) 6 Wireless Application
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business. TRANSACTION Feb 1 | Start a business with RM50‚000 cash and shop building RM25‚000. | 2 | Deposit RM25‚000 cash into bank account. | 3 | Bought furniture from CT Furniture Enterprise RM15‚000 by cheque into business. | 4 | Purchase red bulb of RM500 from Harmony Bulb Bhd by cash and cash purchase of RM350 for energy-saver bulb from Eco-life Company | 5 | Buy goods from Philips Sdn Bhd by credit RM8‚000 invoice no1001. |
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Question 1: Define accounting. Answer : Accounting is a process of identifying the events of financial nature‚ recording them in Journal‚ classifying in their respective ledgers‚ summarising them in Profit and Loss Account and Balance Sheet and communicating the results to the users of such information‚ viz. owner/s‚ government‚ creditors‚ investors etc. According to the American Institute of Certified Accountants‚ 1941‚ “Accounting is an art of recording‚ classifying and summarising in a significant
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Provide a secure warehouse for goods and raw materials. * Process and pack the goods. * Ship the goods to the buyers. * Meet other financial cost of the business. Types of Pre Shipment Finance * Packing Credit * Advance against Cheques/Draft etc. representing Advance Payments. Pre-shipment finance is extended in the following forms: * Packing Credit in Indian Rupee * Packing Credit in Foreign Currency (PCFC) Requirement for Getting Packing Credit This facility is provided
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Fully Solved IBPS PO General Awareness Question Paper for Common Written Exam held on 18th September‚ 2011 IBPS had conducted the PO/MT Exam in September 2011 and November 2011 (Supplementary) is which 10 lakh students appeared for the Exam.In this post we are publishing the IBPS PO Question Paper 2011 (General Awareness Section). Candidates appearing for the Upcoming IBPS Exams in 2012 must go through the IBPS General Awareness Questions given below.These questions will give you an idea about
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TERM PAPER ON ONLINE BANKING SERVICE IN BANGLADESH 1. DEFINITION OF ONLINE BANKING Online banking is a service offered by banks that allows account holders to access their account data via the Internet. In order to take advantage of online banking‚ an account holder would need to meet several technological requirements‚ such as having a personal computer with Internet access and web browser. If those conditions are satisfied‚ online banking can be performed from anywhere in the world. To minimize
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“CHANGES IN BANKING TOOLS ‚ TECHNIQUES AND REACH DUE TO DOOR STEP BANKING”. A STUDY IN THE REGION OF MUMBAI. Synopsis SUBMITTED TO THE Somaiya Instiute of Management Studies and Research Mumbai UNIVERSITY‚ Maharashtra FOR THE Sem V Project of Masters in Marketing Management By Yuvaraj K Pawar UNDER THE GUIDANCE OF Prof. Dr. Sunil Pillai Somaiya Institute of Management studies and Research Vidyavihar‚ Mumbai‚ Maharashtra TABLE OF CONTENTS |S.NO. |TOPIC
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