Remitting bank

Remitting bank
  An ISO term. The bank who is responsible for issuing a document instruction or order requiring an action be taken by another party.
  ISO Collection Order Form term. ISO International Cheque Remittance term. ISO Mail Payment Orders term. ISO Loan/Deposit Contract Forms term. 5*35x.
  ISO Collection Order Form term. 6*35x.

International financial encyclopaedia . 2014.

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Look at other dictionaries:

  • Remitting bank's internal number —   An ISO term. The remitting bank s internal account number. 16x …   International financial encyclopaedia

  • remitting bank — See: collecting bank …   Accounting dictionary

  • remitting bank — See collecting bank …   Big dictionary of business and management

  • remitting bank — /rɪ mɪtɪŋ bæŋk/ verb a bank into which a person has deposited a cheque, and which has the duty to collect the money from the account of the writer of the cheque …   Dictionary of banking and finance

  • Remitting bank's reference number —   An ISO term. See preferred term Reference number …   International financial encyclopaedia

  • 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

  • bank draft — a written instruction to a bank s agent to pay a sum of money to the person specified on the draft. A safe and convenient way of remitting money overseas. Glossary of Business Terms A draft addressed to a bank. Bloomberg Financial Dictionary * *… …   Financial and business terms

  • 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

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