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what do you mean by clearance in banking

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Q: What do you mean by clearance in banking terms?
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Trade Invoice


What does non derogatory mean in terms of banking?

non derogatory in banking means that an account is ok


What does tr mean in banking terms?

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What does SLF mean in banking terms?

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What is IBCA in banking?

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What does null mean in banking terms?

In banking terms, "null" typically refers to a transaction or document that is invalid or has no legal effect. This could be due to missing or incorrect information, unauthorized activity, or other reasons that make the transaction void. When a transaction is deemed null, it is essentially treated as though it never occurred, and any associated funds or actions are reversed or disregarded. It is important for banks to identify and address null transactions promptly to maintain the integrity of their financial records and prevent potential fraud or errors.


What do you mean by clearing house in terms of banking related to scheduled banks?

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What are banking terms?

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What does have you ever been bonded mean in banking terms?

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What does ctx mean in banking terms?

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In banking terms what do the abbreviations IBAN and BIC mean?

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What does clearance mean?

Clearance fit means shoes that are on clearance that fit exactly how you want.