Meaning Issuing bank
What does Issuing bank mean? Here you find 20 meanings of the word Issuing bank. You can also add a definition of Issuing bank yourself

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Issuing bank


Bank that issues a letter of credit.
Source: nasdaq.com

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Issuing bank


A bank or other financial institution that issues credit cards. Issuers charge cardholders interest and associated fees as they apply to the use of the various branded cards. Issuing banks hold the majority of the power in the credit card industry because they set the rates and terms of credit issued and repaid.
Source: shift4.com

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Issuing bank


A bank that opens a straight or a negotiable letter of credit. This bank assumes the obligation to pay the beneficiary or a correspondent bank if the documents presented are in accordance with the ter [..]
Source: erieri.com

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Issuing bank


Bank that opens a straight or negotiable letter of credit and assumes the obligation to pay the bank or beneficiary if the documents presented are in accordance with the terms of the letter of credit.
Source: manitoulintransport.com

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Issuing bank


The bank (or financial institution) that issued a customer with their card and maintains a contract with them for repayment of card transactions.
Source: lloydsbankcardnet.com

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Issuing bank


Bank that opens a straight or negotiable letter of credit and assumes the obligation to pay the bank or beneficiary if the documents presented are in accordance with the terms of the letter of credit.
Source: logisuite.com

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Issuing bank


A bank or financial institution that is a licensed member of a credit card network. It provides cardholders with a line of credit for purchases or cash advances, and is responsible for reimbursing an acquirer for purchases made by the cardholder. The issuing bank then bills the cardholder.
Source: transfirst.com

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Issuing bank


Issuing bank is the bank that issues the Letter of credit at the request of an applicant and undertakes to honour a complying presentation which is in accordance with the terms and conditions of the l [..]
Source: nzeco.govt.nz

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Issuing bank


The bank which is requested by the Applicant to open a Letter of Credit.
Source: dlapipertradefinance.com

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Issuing bank


The bank which issues a documentary credit. It may also be referred to as an opening bank.
Source: tradefinanceanalytics.com

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Issuing bank


A bank which opens a letter of credit, thereby assuming the obligation to pay the beneficiary or the correspondent bank if the documents presented are in accordance with the terms of the letters of cr [..]
Source: legacy.intracen.org

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Issuing bank


A bank which opens a straight or a negotiable letter of credit. This bank assumes the obligation to pay the beneficiary or a correspondent bank if the documents presented are in accordance with the te [..]
Source: bahri.sa

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Issuing bank


The bank that has issued or opened a letter of credit. Also known as Opening Bank.
Source: oecgroup.com

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Issuing bank


Opening bank. The bank that issues the Letter of Credit for the applicant. Under an LC, the beneficiary’s risk is transferred from that of the buyer to that of the buyer’s bank (i.e., issuing bank).
Source: fultonbank.com

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Issuing bank


An individual, company, firm, or combination thereof with which the state of Washington contracts for purchase card services.
Source: ofm.wa.gov

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Issuing bank


A financial institution that issues credit cards to consumers on behalf of the card associations. Also know as Card Issuing Bank or "Issuer."
Source: achdirect.com

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Issuing bank


A financial institution that issues credit cards to consumers on behalf of the card associations. Also known as Card Issuing Bank. Also known as an "Issuer".
Source: authorize.net

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Issuing bank


A bank that issues a credit or debit card.
Source: ecommerce4im.com

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Issuing bank


The bank providing your customer with a card
Source: mastercard.com

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Issuing bank


Bank that issues a letter of credit.
Source: people.duke.edu





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