Free trade agreement and Value dating: Difference between pages

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''International trade''.
''Banking''


(FTA).
The practice of dating a customer transaction at some date other than the date at which the bank itself lost or gained value.  


An agreement to establish relatively free trade between two countries, or within a wider region.
Used by banks in some countries as an indirect method of earning fees.


Cross-border trade within the free trade area is normally free of tariffs.  
It can be applied to all methods of payment both forwards and backwards in time.  




==See also==
== See also ==
*[[Comprehensive Economic and Trade Agreement]]
* [[Back value date]]
*[[Customs union]]
* [[Forward value date]]
*[[European Economic Area]]
* [[Value]]
*[[European Free Trade Association]]
* [[Value date]]
*[[Free trade]]
*[[Free trade area]]
*[[International trade]]
*[[North American Free Trade Agreement]]
*[[Regional Comprehensive Economic Partnership]]
*[[Tariff]]
*[[Trade]]
*[[Trans-Pacific Partnership]]
*[[United States Trade Representative]]
 
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]
[[Category:Trade_finance]]

Revision as of 19:49, 2 July 2017

Banking

The practice of dating a customer transaction at some date other than the date at which the bank itself lost or gained value.

Used by banks in some countries as an indirect method of earning fees.

It can be applied to all methods of payment both forwards and backwards in time.


See also