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Published byJoleen Gibbs Modified over 9 years ago
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International Banking connections and transactions
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What is bank? A bank is a business that is based almost entirely on financial transactions.
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International Banking connections Banking system is connected to the international system though: the foreign ownership of most of the countries banks the importance of international trade and its financing to the economy the dependence of local banks on getting funds to their lending
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Electronic service eQ International Banking Connection eQ, a powerful banking platform specifically designed to meet the needs of financial intermediary, institutional and corporate clients.
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From viewing and managing accounts to performing and authorizing payments in real time and a wide range of currencies, eQ offers complete control of transactions
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Types of banking internationally Offshore banking Personal banking Corporate banking
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International Bank Connections There are some organizations that provides financial services or works internationally: Example : NAB (national Australia bank) is a financial services organization with over 12 mln. customers. Major financial services franchises in many countries
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International Bank transaction International Bank transaction is an agreement carried out between banks of different countries.
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Bank transactions include: Opening an account Investment transactions Money transfers CepBank (registration) Payments Bill transactions Card transactions Loan transactions Tax transactions And others
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loan Loan is as lightly more complicated transaction in which the lender gives a single large amount of money to the borrower.
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Mortgage Mortgage is a combined loan and purchase in which a lender give a large amount of money to a borrower for the specific purpose of purchasing a very expensive item.
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