banking system
As financial intermediaries, banks stand between depositors who supply capital and borrowers who demand capital. Given how much commerce and individual wealth rests on healthy
As financial intermediaries, banks stand between depositors who supply capital and borrowers who demand capital. Given how much commerce and individual wealth rests on healthy
Degree of usage of basic financial services by households in a country.
A summary of financial transactions which have occurred over a given period of time on a bank account held by a person or business with
An act of moving money from a bank account to another account (source: http://www.investorwords.com/8955/bank_transfer.html#ixzz2j7pAcqPF)
Standard approved by the International Organization for Standardization (ISO), used when transferring money between banks, particularly for international wire transfers, and also for the exchange
Charge made by a bank when money is withdrawn from a bank account and the available balance goes below zero. (source: http://en.wikipedia.org/wiki/Overdraft)
An establishment authorized by a government to accept deposits, pay interest, clear checks, make loans, act as an intermediary in financial transactions, and provide other
A retail location where a bank, credit union, or other financial institution (and by extension, brokerage firms) offers a wide array of face-to-face and automated
A bank’s own cheque, drawn on itself and signed by a bank official. (source: http://www.investorwords.com/8935/bank_cheque.html#ixzz26G0Dl6it)
A bookkeeping term for realization of the reduction of deposits held by bank customers. Bank debits can be the result of check payments, honored drafts
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