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  2. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    Letters of credit are also sometimes used as part of fraudulent investment schemes. [31] In the international banking system, a letter of undertaking (LOU) is a provisional bank guarantee, under which a bank allows its customer to raise money from another bank's foreign branch in the form of short-term credit.

  3. Credit agreements in South Africa - Wikipedia

    en.wikipedia.org/wiki/Credit_agreements_in_South...

    The details required for a small credit agreement (a principal debt of less than R15 000) are set out in Form 20.2 to the Regulations. The credit provider must give to the consumer, free of charge, a copy of the signed credit agreement (in paper form or printable electronic form).

  4. Buyer's credit - Wikipedia

    en.wikipedia.org/wiki/Buyer's_credit

    RBI has issued directions under Sec 10(4) and Sec 11(1) of the Foreign Exchange Management Act, 1999, stating that authorized dealers may approve proposals received (in Form ECB) for short-term credit for financing—by way of either suppliers' credit or buyers' credit—of import of goods into India, based on uniform criteria. Credit is to be ...

  5. What you need to know about short-term loans - AOL

    www.aol.com/finance/know-short-term-loans...

    Credit card: If your emergency can be paid with a credit card, it may be a better and cheaper option than taking out a short-term loan. Personal loan: Personal loans can also be an alternative to ...

  6. Line of credit - Wikipedia

    en.wikipedia.org/wiki/Line_of_credit

    A line of credit takes several forms, such as an overdraft limit, demand loan, special purpose, export packing credit, term loan, discounting, purchase of commercial bills, traditional revolving credit card account, etc. It is effectively a source of funds that can readily be tapped at the borrower's discretion.

  7. Credit - Wikipedia

    en.wikipedia.org/wiki/Credit

    A credit card is a common form of credit. With a credit card, the credit card company, often a bank, grants a line of credit to the card holder. The card holder can make purchases from merchants, and borrow the money for these purchases from the credit card company. Domestic credit to private sector in 2005

  8. Payment system - Wikipedia

    en.wikipedia.org/wiki/Payment_system

    The term electronic payment refers to a payment made from one bank account to another using electronic methods and forgoing the direct intervention of bank employees. Narrowly defined electronic payment refers to e-commerce —a payment for buying and selling goods or services offered through the Internet, or broadly to any type of electronic ...

  9. AOL Mail

    mail.aol.com/?rp=webmail-std/en-us/basic

    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!