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| A bank payment obligation or BPO is a payment instrument that automates the payment of trade transactions. It is an irrevocable undertaking of the importer’s bank to pay a specified amount to the exporter’s bank when it receives notification of a data match from an independent data matching service.
| | Modern Portfolio Theory. |
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| | == See also == |
| | * [[Modern Portfolio Theory]] |
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| ==Other links==
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| *[http://www.treasurers.org/node/9201 Payment Pledge, The Treasurer, July 2013]
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| *[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)]
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| [[Category:Payment_and_Clearing_Systems]]
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Revision as of 14:20, 23 October 2012
Modern Portfolio Theory.
See also
