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The Swiss Euro Clearing Bank or SECB is a special-purpose bank based in Frankfurt, Germany, whose role is to facilitate transactions in euros by banks in Switzerland and Liechtenstein. It is the centerpiece of the euroSIC system, which is the euro counterpart to the Swiss Interbank Clearing (SIC) system for transactions in Swiss francs .
A Unique Transaction Identifier (UTI), alternatively called Unique Swap Identifier (Acronym: USI) is a globally unique identifier for individual transactions in financial markets.
A clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account. An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period. [1] Other example of clearing account is excise clearing account.
First generation configuration engines are still in use as in for instance SAP's Variant Configuration module in SAP ERP. [12] The second generation of engines flourished in the 1990s. They are constraint solvers using constraint propagation and search techniques developed in the Artificial Intelligence domain. They are the dominant technology ...
A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering to Colombia, New Jersey's attorney general said on Wednesday, in the first such arrest since ...
Clemson could draw the No. 11 seed by virtue of the head-to-head win and the ACC championship. But SMU has more wins overall, more wins against bowl teams and fared better in matchups with common ...
Zeke Mayo scored 23 points on 8-of-14 shooting to lead No. 11 Kansas to a 74-55 win over Arizona State in the Big 12 matchup on Wednesday in Lawrence, Kan. Hunter Dickinson added 15 points, 12 ...
A typical British bank statement header (from a fictitious bank), showing the location of the account's IBAN. The International Bank Account Number (IBAN) for example LV30RIKO0000083232646 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 ...