Implied term and In-house bank: Difference between pages

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''Law.'' 
(IHB).


A provision of a contract not expressly agreed to by the parties in words but either regarded by the courts as necessary to give effect to their presumed intentions or introduced into the contract by [[statute]].
''Corporate treasury''.


Certain implied terms cannot be excluded even by express agreement of the parties.
In-house bank is a structural corporate treasury role where the central treasury acts as an internal bank for the group, all the subsidiaries dealing with the in-house bank.


This is a highly centralised arrangement, compared with advisory or agency treasury structures.


== See also ==
* [[Contract]]
* [[Express term]]
*[[Provision]]
*[[Term]]


[[Category:Compliance_and_audit]]
It is sometimes written 'in house' bank without the hyphen.
 
 
==See also==
* [[Advisory]]
* [[Agency]]
* [[COBO]]
* [[Group]]
* [[Payment factory]]
* [[POBO]]

Revision as of 10:01, 21 March 2016

(IHB).

Corporate treasury.

In-house bank is a structural corporate treasury role where the central treasury acts as an internal bank for the group, all the subsidiaries dealing with the in-house bank.

This is a highly centralised arrangement, compared with advisory or agency treasury structures.


It is sometimes written 'in house' bank without the hyphen.


See also

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