TRANSFERABLE LETTER OF CREDIT
Irrevocable letter of credit allowing the beneficiary to assign part or all of the credit available to another party. The primary beneficiary accepts the credit from the bank, then the issuing bank can only transfer this credit upon the primary beneficiary’s approval.
POPULAR TERMS
Home Inspection
An examination of the condition of a real estate property often performed in connection with the sale of the property. A home inspector can assess ...
Wholesale Insurance
Wholesale Insurance is a type of coverage intended for employer groups that are too small to qualify for a true group coverage. It is also called f ...
Antitrust
The antitrust laws virtually cover ever industry and on every business level including marketing, distribution, transportation, and manufacturing. ...
UCCC
Uniform Consumer Credit Code (UCCC) is a code of conduct created for governing consumer credit transactions.
FHC
Engaged in nonbanking activities that offer customers a wide range of financial services, including the opportunity to buy insurance products and i ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Wholesale Price Index | Sep | |
| 11:00 | Industrial Production | Aug | |
| 14:10 | BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks | ||
| 23:45 | Visitor Arrivals | Aug | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 02:30 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 03:30 | CPI | Sep | |
| 03:30 | PPI | Sep | |
| 06:30 | Industrial Production | Aug |
