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  2. Philippine Deposit Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Philippine_Deposit...

    On July 6, 1970, initially one claim agent was assigned to handle the payout, although a transfer deposit scheme with the Rural Bank of Rinconada was later arranged to facilitate claims payment. In 1978, the maximum deposit insurance coverage was increased to 15,000 pesos per depositor, according to Presidential Decree 1451.

  3. Employees' Provident Fund Organisation - Wikipedia

    en.wikipedia.org/wiki/Employees'_Provident_Fund...

    They can submit FORM 19 for EPF (Employees' Provident Fund) and FORM 10C for EPS (Employees' Pension Scheme) to the EPFO office in which their EPF account is maintained. [ 14 ] A UAN provided by EPFO is mainly used to track PF balance and PF claim status.

  4. Financial Services Compensation Scheme - Wikipedia

    en.wikipedia.org/wiki/Financial_Services...

    90% of the claim with no upper limit. Compulsory insurance is protected in full. Unlimited Funeral plans: 100% of the first £85,000 per person per authorised firm (for claims against firms declared in default on or after 29 July 2022) £85,000 Long-term insurance (e.g. Whole of life assurance, Term life insurance and/or critical illness insurance)

  5. Straight-through processing - Wikipedia

    en.wikipedia.org/wiki/Straight-through_processing

    Straight-through processing exists in numerous areas of financial services, such as payments processing. [2] [3] [4]Payments may be non-STP due to various reasons [5] such as missing information, information which is not in a machine "understandable" form (such as name and address rather than a code), or human-readable instructions, e.g.

  6. Incurred but not reported - Wikipedia

    en.wikipedia.org/wiki/Incurred_but_not_reported

    For example, when a claim is first reported, a $100 payment might be made, and a $900 case reserve might be established, for a total initial reported amount of $1000. However, the claim may later settle for a larger amount, resulting in $2000 of payments from the insurer to the claimant before the claim is closed.

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    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!

  8. Public Provident Fund (India) - Wikipedia

    en.wikipedia.org/wiki/Public_Provident_Fund_(India)

    The Public Provident Fund (PPF) is a voluntary savings-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...

  9. Settlement (finance) - Wikipedia

    en.wikipedia.org/wiki/Settlement_(finance)

    On settlement, the seller must produce the security's certificate and executed share transfer form in exchange for payment from the purchaser. Many countries now dispense with the requirement that a physical stock certificate be produced, a process known as dematerialization , and have adopted electronic settlement systems.