Tags Banking

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Finance

What is the role of reversal in a bank?

Updated: 9/24/2023

Wiki User

∙ 10y ago

Best Answer

The role of reversal in a bank is to change the earlier decision of wrongfully sending cash to someone.

Wiki User

∙ 10y ago

This answer is:

Add your answer:

Earn +20 pts

Q: What is the role of reversal in a bank?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Finance

Meaning of REV in the bank statement of Axis bank?

REV - reversal: a standing order or Direct Debit has been recalled

What is the role of the negotiating bank under the letter of credit?

the role of negotiating bank

What does Adjustment reversal from Chase bank mean?

It means that Chase reversed an adjustment that they previous debited or credited to your account.

What is the role of central bank?

The role of the central bank is to control all local banks in a country.

What is the common role of a bank?

To store and loan money

Related questions

What actors and actresses appeared in Role Reversal - 2012?

The cast of Role Reversal - 2012 includes: Jakub Gronowski Joshua Pivato as The Boy

What are the release dates for Rich Bride Poor Bride - 2006 Role Reversal?

Rich Bride Poor Bride - 2006 Role Reversal was released on: USA: 25 July 2007

What are the release dates for JustKiddingFilms - 2007 Role Reversal Hit 7-14?

JustKiddingFilms - 2007 Role Reversal Hit 7-14 was released on: USA: 30 March 2013

What was the name of the role Reversal TV Episode 1970's?

dog

What are the release dates for JustKiddingFilms - 2007 Role Reversal Random Boners 7-63?

JustKiddingFilms - 2007 Role Reversal Random Boners 7-63 was released on: USA: 7 December 2013

What are the release dates for JustKiddingFilms - 2007 Role Reversal Thirsty Girls 7-53?

JustKiddingFilms - 2007 Role Reversal Thirsty Girls 7-53 was released on: USA: 12 October 2013

What are the release dates for JustKiddingFilms - 2007 Role Reversal Team Work 5-10?

JustKiddingFilms - 2007 Role Reversal Team Work 5-10 was released on: USA: 27 February 2011

Meaning of REV in the bank statement of Axis bank?

REV - reversal: a standing order or Direct Debit has been recalled

What is the role of the negotiating bank under the letter of credit?

the role of negotiating bank

What does Adjustment reversal from Chase bank mean?

It means that Chase reversed an adjustment that they previous debited or credited to your account.

What is the role of central bank?

The role of the central bank is to control all local banks in a country.

The role of world bank in the economic development of Pakistan?

role of world bank in economic development of pakistan

Trending Questions

Can one of the dual owners borrow money on the home without the other owners signing? Where can someone find information on a loan consolidation with the Bank of America? How do you use 'by means of' in a sentence? Will Massachusetts require an inheritance tax waiver? How does one open a line of credit? What services does Lennox Financial offer? Where can one find a listing of mortgage lenders in CA? Where can one get an instant loan online? When Projects are mutually exclusive which project should be selected using npv and risk level? What is the ticker symbol for Shell Oil? Where will the US get the money for the 2009 stimulus bill? Why are the upside risks of annuities so good? What does it mean to get a shop a check loan? Where can one register their business name? What kind of services does LAFCU provide? What is the average interest rate for investment property loans? Can you change the date on a check? How could one repair their credit? What is signerage? What is 1.3 million dollars in pounds?

Still have questions?

imp

Previously Viewed

What is the role of reversal in a bank?

Unanswered Questions

Why is Shrewsbury Marble and Granite in Massachusetts, USA, considered one of the best options for granite and marble countertops? How often should NDT equipment be calibrated? How do you measure weight with a load cell? What is erectile dysfunction (ED), and what treatments are available? How many sides do 4 pentagons and 5 decagons have in all? What ingredients are typically used in Mixture Namkeen? Is Mixture Namkeen spicy, and are there different flavor options? What are the most common mistakes people make when hiring cleaners for their homes or offices?

Resources

Top Categories

Product

Company

Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.