Bank payment obligation and Prospective: Difference between pages

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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.
Measures based on forecast data, rather than actual past data.


== See also ==
* [[Historic]]


==Other links==
*[http://www.treasurers.org/node/9201 Payment Pledge, The Treasurer, July-August 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:Payment_and_Clearing_Systems]]

Revision as of 14:20, 23 October 2012

Measures based on forecast data, rather than actual past data.

See also