Regular used words in banking world Promissory Note Promissory Note is an instrument in writing (not being a banknote or a currency note), containing an unconditional undertaking, signed by the maker, to pay on demand or at a fixed or determinable future time a certain sum of money only to, […]
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ATM is automatic teller machine (ATM)
ATM is automatic teller machine (ATM) ATM is automatic teller machine (ATM): ATM is the acronym of automatic teller machine (ATM),which is also known as an automated banking machine (ABM) in Canada, is a computerized telecommunications device that provides the clients of a bank or financial institution with right of […]
Read moreREGIONS BANK LOCATIONS IN ALABAMA STATE
REGIONS BANK LOCATIONS IN ALABAMA STATE REGIONS BANK LOCATIONS IN ALABAMA STATE ALABASTERA Alabaster Kent Stone Way 33 Kent Stone Way, Alabaster 35007 Alabaster Promenade 55 South Colonial Drive, Alabaster 35007 ALBERTVILLE Albertville Highway 431 7330 U.S. Highway 431 N., Albertville 35950 ALEXANDER CITY 3961 Highway 280, Alexander City 35010 […]
Read moreBank of America ABA routing number- based on the state
Bank of America ABA routing number-based on the State Bank of America Routing Number based on State Bank of America Routing Number based on State Routing Number of Bank of America by State State-wise Routing Number of Bank of America Bank of America Routing Number-State wise Bank of America Location […]
Read moreWhat is the definition of a Bank?
What is the definition of a 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 obtain a profit from the difference in the interest paid to lenders (depositors) […]
Read moreThe adverse effects of interest on society
The adverse effects of interest on society By Justice Muhammad Taqi Usmani Justice of the Supreme Court of Pakistan The Nature of money and the effects of interest charged by banks and whether it comes within the purview of injustice, are some of the issues discussed by Justice Taqi Usmani, […]
Read moreThe Role of Central Banks in Islamic Banking
The Role of Central Banks in Islamic Banking Dr. Iraj Toutounchian Prof. C. G. Harcourt: “…ideologies…affect the topics discussed, the manner of discussion, the factors included or left out or inadequately stressed in arguments, comments, and models and attitudes shown, sympathetic or hostile,…to past and contemporary economists’ works and views. […]
Read moreIslamic Investment Products Available In The United Kingdom
Islamic Investment Products Available In The United Kingdom By Professor Rodney Wilson, University of Durham, United Kingdom Introduction London has become the largest international centre for Islamic finance outside the Muslim World, largely as a result of the City’s role as a centre for Middle Eastern and Asian banking. Treasury […]
Read moreSWIFT 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 for payment mechanism with Security, Reliability and Confidentiality was needed. * Computer and Telecommunication technology came to rescue. * SWIFT […]
Read moreProfessionalism in Banking Sector
Professionalism in Banking Sector Professionalism is being aware of the language of time. People need to be professional for the betterment of the institution by recognizing the do and don’t of the job. Professionalism tends to abide by the commands of the authority that synchronizes with the professional knowledge, that […]
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