Recipient bank and Reciprocal: Difference between pages

Revision as of 18:03, 7 May 2016

The reciprocal of a number is 1 divided by that number. For example, the reciprocal of 0.05 (5%) is 1 / 0.05 = 20.
Referring to something done in return for the granting of a favourable treatment or other advantage, especially when the thing done in return is perceived as being of equal value, or symmetrical.

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-''Bank payment obligations (BPOs)''.
+#The reciprocal of a number is 1 divided by that number. For example, the reciprocal of 0.05 (5%) is 1 / 0.05 = 20.
+#Referring to something done in return for the granting of a favourable treatment or other advantage, especially when the thing done in return is perceived as being of equal value, or symmetrical.
-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 ==
+* [[Earnings yield]]
+* [[Inversion]]
-==See also==
+* [[Price earnings ratio]]
-*[[Bank payment obligation]]
-*[[Data matching]]
-*[[Obligor bank]]
-*[[Transaction matching application]]
-==Other resources==
-*[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)]
-[[Category:Cash_management]]
-[[Category:Liquidity_management]]