WebJun 21, 2024 · Bankers Acceptance – Meaning, History And More. Bankers Acceptance (BA) is a short-term money market instrument that comes in handy in international trade. It helps to eliminate the payment risk in the case; the supplier and buyer do not know each other and belong to different countries. Basically, it is a time draft that a business can get ... WebMar 12, 2024 · In India, a cashier’s cheque is called a Banker’s cheque or a pay order. As the name suggests banker’s cheque means a cheque issued by the bank itself. It is a non-negotiable instrument, an order to pay in the same city. If you need to make a payment to a University or an institute, they can ask you to issue a banker’s cheque or a ...
Banker - Definition, Meaning & Synonym…
Web1 day ago · Not Sufficient Funds Meaning. Not sufficient funds, meaning insufficient money in an account, refers to a situation where an individual tries to complete a purchase but … WebBANKER, com. law. A banker is one engaged in the business of receiving other persons money in deposit, to be returned on demand discounting other persons' notes, and issuing his own for circulation. One who performs the business usually transacted by a bank. Private bankers are generally not permitted. taskdependency.type
Banking Definition & Meaning - Merriam-Webster
WebDefine banker. banker synonyms, banker pronunciation, banker translation, English dictionary definition of banker. n. 1. One serving as an officer or owner of a bank. 2. Games The player in charge of the bank in some gambling games. bank′er·ly adj. n. WebNov 28, 2013 · 15. Duties of a banker a) Duty to maintain secrecy/confidentiality of customers' accounts. b) Duty to honour cheques drawn by customers on their accounts and collect cheque, bills on his behalf. c) Duty to pay bills etc., as per standing instructions of the customer. d) Duty to provide proper services. e) Duty to act as per the directions given ... WebApr 15, 2024 · Meaning: involving or causing sudden great damage or suffering. अर्थ: अचानक बड़ी क्षति या पीड़ा को शामिल करना या उत्पन्न करना।. Synonyms: calamitous, cataclysmic, disastrous, fatal, ruinous, tragic. Antonyms: calamitous, cataclysmic, disastrous ... the buckle alterations