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Term of the Day
bank payment slip with reference number (BESR)
bank panic of 1907
bank pool loan
Definition
A
payment
slip
in Switzerland used for the
efficient
, inexpensive
invoicing
of
domestic
business transactions
. The payment is
directly
deposited into an
account
and the
client
is subsequently notified.
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Popular 'Banking' Terms
negotiable
letter of credit
bank draft
bank
commercial bank
account
overdraft protection
compound interest
overdraft
lockbox
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