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Tooltip Tags: banking

bank deposit

Money placed into a banking institution for safekeeping. Bank deposits are made to deposit accounts at a banking institution, such as savings accounts, checking accounts

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bank fees

Charges and fees made by a bank to their customers. In common parlance, the term often relates to charges in respect of personal current accounts

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bank guarantee

Type of guarantee in which a bank or other lending organization promises to repay the liabilities of a debtor in the event that the debtor

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Banco do Sul

In portuguese Banco do Sul. Is a monetary fund, development bank, and lending organization formed by Argentina, Brasil, Bolivia, Ecuador, Paraguay, Uruguay and Venezuela, while

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available balance

Available balance is the amount of money currently present in a checking account or savings account. In other words, it refers to the amount of

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average balance (bank account)

Is the simple average balance of a financial account during some period of time. – Banks calculate the average monthly balance by adding together each

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Automated Teller Machine

Computerized telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a

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at sight

Payment due on demand. (source: http://www.investorwords.com/4572/sight_letter_of_credit.html)

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Asian Development Bank [ADB]

ADB is a multilateral development finance institution dedicated to reducing poverty and improving living standards of people in Asia and the Pacific. It was established

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