Chip card and Facility fee: Difference between pages

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A card containing one or more computer chips or integrated circuits for identification, data storage or special-purpose processing used to validate personal identification numbers (PINs), authorise purchases, verify account balances and store personal records.
A commitment fee which is applied to the total amount of a committed lending facility regardless of the amount drawn.


Also known as an IC (integrated circuit) card or smart card.


== See also ==
== See also ==
* [[Electronic purse]]
* [[Commitment fee]]
* [[IC]]
* [[Share of wallet]]
* [[Integrated circuit card]]
* [[Utilisation fee]]
* [[Prepaid card]]
* [[Smart cards]]


[[Category:Long_term_funding]]

Revision as of 19:02, 2 September 2017

A commitment fee which is applied to the total amount of a committed lending facility regardless of the amount drawn.


See also