Ratio analysis and Recipient bank: Difference between pages
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''Bank payment obligations (BPOs)''. | |||
In a BPO, the recipient bank receives the BPO and is entitled to receive money under it at maturity when the BPO conditions have been met through a data match. | |||
The recipient bank receives the money on behalf of its client, the seller. | |||
==See also== | |||
*[[Bank payment obligation]] | |||
*[[Data matching]] | |||
*[[Obligor bank]] | |||
*[[Transaction matching application]] | |||
===Other links=== | |||
*[http://www.treasurers.org/node/9201 Payment Pledge, The Treasurer, July 2013] | |||
*[http://www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Task-forces/Bank-Payment-Obligation-(BPO)/ International Chamber of Commerce Uniform Rules for Bank payment Obligation (URBPO)] | |||
* [ | |||
Revision as of 14:17, 20 June 2016
Bank payment obligations (BPOs).
In a BPO, the recipient bank receives the BPO and is entitled to receive money under it at maturity when the BPO conditions have been met through a data match.
The recipient bank receives the money on behalf of its client, the seller.
See also
