A fee charged by an institution . It can be for many reasons. If a minimum balance is not kept or overdraft are just two such reasons. AKA bank fee.

The amount a person or business can borrow from a bank.

When money is taken from an account by the customer. It is used to predict trends and cash demand.

A paper issued stating the account number and balance. It is a legal document that the account exists.

A notice from a bank sent to an air carrier. The bank is now a comsignee on an airway bill. The shipment can now be released.

A bill made by a bank for the bank or a related bank. It can be used when a normal check will not be accepted or when customers need drafts. […]

When a payment is authorized to another party by putting cash on a check.

The job of checking if the bank made errors on their reports. The companies and banks records must match. If an error occurs and is not reported money is lost.

When a countries central bank does an inspection of its banks. It is checking for proper management, customers, policy, following national policy, stability, and how transparent its operations are. Refer […]

When a bank cannot pay its debt and must close. Overlegeraging is the cause of this. Any deposits made by customers are insured by the FDIC insurance .

The most central of central banks. It was started in 1930 in Switzerland. It helps European nations, Australia, Brazil, Canada, China, India, Japan, Korea, Mexico, Russia, Saudi Arabia, Singapore, and […]

When a bank issues a letter to another party for its customer. It protects assets in the third parties custody.

A date considered a holiday when institutions are expected to be closed.

The first six numbers on a visa or mastercard. It identifies the card holders bank.

A fund whose deposit money is insured by a commercial bank . It is admisitered by the Federal Depository Insurance Corporation or the FDIC.

A survey sent to banks by the central bank . It gets information about the lending situation. It asks about loan and rates. The US does this quarterly to decide […]

A REVOLVING CREDIT FACILITY established as an ADVISED LINE (i.e., the client is made aware of the size and terms of the facility) or a GUIDANCE LINE (i.e., the client […]

A note or letter or credit that acts as an agreement to loan funds between the bank and borrower. Refer to instrument .

1. paper money issued by the central bank . AKA currency note. 2. interest on a note that is over $100,000. It can be used as cash but are not […]

A large commercial bank in the US. It has customers world wide. It bought Merrill Lynch in 2008.

An institution that is Canada’s central bank . It was started in 1934 but officially recognized in March 11, 1935. It controls how much money is made.

The central bank of the UK. A govenor, two deputy governors, and 16 nonexecutive directors make up the board. The crown appointed them for renewable terms. Directors serve for 3 […]

One authorized by law to issue its own notes intended to circulate as monev. Bank v. Gruber, 87 Pa. 471, 30 Am. Rep. 378.

The interest rate the the central bank advises short term loans be given. The commercial banks offer this rate and it affects the investments. The newer term for this is […]

How safe and sound a bank is rated. The FDIC decides this rate from 1 to 5. A 1 or 2 is sound and a 5 bank will fail in […]