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Definition of Bank

Definition of Bank Bank is a financial institution or corporation which deals with money and its substitutes; it also provides other financial services. Banks accept deposits and make loans and […]

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Incoterms 2010

Incoterms 2010 The eighth published set of pre-defined terms, Incoterms 2010 defines 11 rules, reducing the 13 used in Incoterms 2000 by introducing two new rules (“Delivered at Terminal”, DAT; […]

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SWIFT History

SWIFT History SWIFT is the acronym of Society for Worldwide Interbank Financial Telecommunication (SWIFT)  SWIFT History * Increase in International trade and commerce after World War-II * Efficient Banking System […]

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