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  2. Credit Support Annex - Wikipedia

    en.wikipedia.org/wiki/Credit_Support_Annex

    The Credit Support Amount is the Secured Party's Exposure plus Pledgor's Independent Amounts minus Secured Party's Independent Amounts minus the Pledgor's Threshold. The Collateral must meet the Eligibility criteria in the agreement, which may prescribe which currencies it may be in, what types of bonds are allowed, and which haircuts are ...

  3. Western Union - Wikipedia

    en.wikipedia.org/wiki/Western_Union

    Western Union Telegraph Building, lithograph. The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, [3] the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph ...

  4. Wire transfer - Wikipedia

    en.wikipedia.org/wiki/Wire_transfer

    A bank wire transfer is effected as follows: The entity wishing to do a transfer approaches a bank and gives the bank the order to transfer a certain amount of money. IBAN and BIC codes are typically given as well so the bank knows where the money needs to be sent.

  5. Western Union resumes money transfers to Cuba after ... - AOL

    www.aol.com/western-union-resumes-money...

    When Western Union was forced to leave the island in 2020, the money transfer business moved to informal channels, using people known as “mulas” to personally carry the cash into the country.

  6. International Swaps and Derivatives Association - Wikipedia

    en.wikipedia.org/wiki/International_Swaps_and...

    In 2009 a New York Times article mentioned that in 2005 the ISDA allowed rule changes to CDO payouts (Pay as You Go) that would benefit those who bet against (shorted) mortgage-backed securities, like Goldman Sachs, Deutsche Bank, and others. [3] ISDA has offices in New York, London, Hong Kong, Tokyo, Washington D.C., Brussels and Singapore.

  7. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank"). In a credit card or debit card transaction, the card-issuing bank in a payment transaction deducts the interchange fee from the amount it pays the acquiring bank that handles a credit or debit card ...

  8. Remitly - Wikipedia

    en.wikipedia.org/wiki/Remitly

    Remitly allowed people in 30 countries to carry out transfers of money in approximately 100 currencies to 170 countries, as of July 2024. [5] [13] The service operates electronically rather than via physical premises. Recipients in some countries might be able to receive funds via bank deposit, mobile money, and cash pickup.

  9. ACI Worldwide - Wikipedia

    en.wikipedia.org/wiki/ACI_Worldwide

    ACI Worldwide's products and services are used globally by banks, financial intermediaries such as third-party electronic payment processors, payment associations, switch interchanges, merchants, corporations, and a wide range of transaction-generating endpoints, including automated teller machines ("ATM"), merchant point of sale ("POS ...

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