Category: Important Banking Worlds

Financial Literacy Important Banking Worlds

Important words that are related with banking & financial sector.

Acquirer: A credit card processing bank; merchants receive credit for credit card receipts less a processing fee. OR The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card. AML: AML stands for Anti Money Laundering. These three letters are used to describe the […]

Financial Notices 
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