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the identification of the telephone exchange or equipment writing the record. a unique sequence number identifying the record. additional digits on the called number used to route or charge the call. the disposition or the results of the call, indicating, for example, whether or not the call was connected. the route by which the call entered ...
Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents. MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type ...
Portal. v. t. e. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [ 1] Credit cards are one of the most widely used forms of payment across the world. [ 2]
An automated teller machine ( ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
Banking crises have developed many times throughout history when one or more risks have emerged for the banking sector as a whole. Prominent examples include the bank run that occurred during the Great Depression, the U.S. Savings and Loan crisis in the 1980s and early 1990s, the Japanese banking crisis during the 1990s, and the sub-prime ...
The International Bank Account Number ( IBAN) is an internationally agreed upon system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors. An IBAN uniquely identifies the account of a customer at a financial institution. [ 1]
Telephone banking. Telephone banking is a service provided by a bank or other financial institution that enables customers to perform over the telephone a range of financial transactions that do not involve cash or financial instruments (such as checks) without the need to visit a bank branch or ATM .
Call reports data are a widely used source of timely and accurate financial data regarding a bank's financial condition and the results of its operations. The information is extensively used by the bank regulatory agencies in their daily offsite bank monitoring activities. call reports data are also used by the public, the Congress of the ...