Face-to-face payment and Facility: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create the page. Source: CFF reading 5.2.2 Bank lending page 1.)
 
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A payment that is made by the physical exchange of instruments by the payer and the payee, both of which are in the same physical location.
'''1.'''


An arrangement between a lender and a borrower, under which an [[advance]] of money may be made.


== See also ==
* [[Remote payment]]


[[Category:Cash_management]]
'''2.'''
 
Other arrangements under which [[credit]] may be made available.

Revision as of 15:47, 8 November 2013

1.

An arrangement between a lender and a borrower, under which an advance of money may be made.


2.

Other arrangements under which credit may be made available.