Bank payment obligation

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Revision as of 11:04, 12 July 2013 by imported>Martin ODonovan (Create new page for BPO)
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A bank payment obligation or BPO constitutes an irrevocable undertaking given by a bank to another bank that payment will be made on a specified date after a specified event has taken place.

External links

http://www.treasurers.org/node/9201 Treasurer article on BPO, July 2013

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