Banker's payment: Difference between revisions
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imported>Doug Williamson (Classify page.) |
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Payment order issued by a bank on behalf of its customer, whereby the recipient looks to the bank for settlement, thus minimising credit risk for the recipient. | Payment order issued by a bank on behalf of its customer, whereby the recipient looks to the bank for settlement, thus minimising credit risk for the recipient. | ||
== See also == | == See also == | ||
* [[Credit risk]] | * [[Credit risk]] | ||
* [[Payments and payment systems]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 13:48, 27 June 2022
Payment order issued by a bank on behalf of its customer, whereby the recipient looks to the bank for settlement, thus minimising credit risk for the recipient.
