Translation: from english

cash memorandum accounts

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  • Cash Memorandum Account — abbr CMA This is a record of each CREST Member s payment obligations. These accounts do not represent cash, but rather instructions to members payment banks to transfer funds at the end of the day. This is settlement on the business day following …   Financial and business terms

  • BancNet Payment System — Infobox Interbank Network name = BancNet area = Philippines and China through China UnionPay foundation = 1994 members = 40 banks pos = Over 8,000The BancNet (BN) Point Of Sale System is a local PIN based electronic funds transfer (EFTPOS)… …   Wikipedia

  • payment banks — These are CREST Participants who guarantee payment for securities delivered to their client via CREST. Payment banks respond to instructions from members CMAs (see Cash Memorandum Account). All cash movements are effected outside CREST by… …   Financial and business terms

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  • Debit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

  • HISTORICAL SURVEY: THE STATE AND ITS ANTECEDENTS (1880–2006) — Introduction It took the new Jewish nation about 70 years to emerge as the State of Israel. The immediate stimulus that initiated the modern return to Zion was the disappointment, in the last quarter of the 19th century, of the expectation that… …   Encyclopedia of Judaism

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