Collecting Bank

Collecting Bank is any bank, other than the remitting bank, involved in processing the collection.

Share it: CITE

Previous:
Computer Programming

Next:
Commercial Invoice

Related Definitions

Savings banks
Depositor-owned, bank like institutions chartered by individual states and almost...
Investment banker
Investment banker refers financial expert who handles the sale of...
Savings bank life insurance
Savings bank life insurance originally sold by mutual savings banks...
Bank Insurance Fund (BIF)
Bank Insurance Fund (BIF) is a unit of the Federal...
Bank note
Bank note is a term used synonymously with paper money...

Categories