WebAug 29, 2024 · Cash concentration and disbursement (CCD) is a type of electronic payment used to transfer funds among remote locations and so-called concentration (i.e. … WebSep 14, 2024 · Download the PDF to read banking awareness terms. 1. Repo Rate. When RBI provides a loan to the bank for short-term between 1 to 90 days, RBI takes some interest from the bank which is termed as Repo Rate. 2. Reverse Repo Rate. When bank deposit it's excess money in RBI then RBI provides some interest to that bank.
5.2 Glossary of terms - Cambridge Assessment International …
WebOct 21, 2024 · Here are 10 banking terms you should know to manage your money better. 1. Routing number. A nine-digit number that identifies your financial institution. Larger … WebWhat is CMS meaning in Banking? 12 meanings of CMS abbreviation related to Banking: Vote. 4. Vote. CMS. Case Management System + 2. gram cf410s dimensions
10 Essential Banking Terms You Need to Know
WebDestroyed Check Entry. Debit. Consumer or Non-Consumer. N/A. Modern Treasury currently lets you use 6 SEC codes — PPD, CCD, CTX, IAT, CIE and when making payments. If you don't specify a code, we will default to using PPD if the recipient is an individual. If the recipient is a business, we will default to using CCD. WebKnowledge of the term that demonstrates a sound understanding of the term. 2 Knowledge of the term that demonstrates a partial understanding of the term. 1 No creditable response. 0 Table B Use this table to give marks for each candidate response for Questions 1(b) 2(b) and 3(b). AO1 Knowledge and understanding 1 mark AO2 Application 2 marks ... WebApr 5, 2024 · Learning Bank - Glossary. Here are a list of financial terms and definitions to help you understand banks, credit, and loans. ATM - Stands for "automated teller machine." A machine the enables bank customers to perform basic transactions, such as deposits and withdrawals, anytime and often anywhere. Collateral - Assets, or property, pledged to ... gram cf53