Source: National Bank of the Republic of Belarus Source: Ministry of Statistics and Analysis of the Republic of Belarus Source: Ministry of Statistics and Analysis of the Republic of Belarus
Tag: Bank
Forms of foreign economic relations
In world practice, a variety of forms of economic cooperation between the state and all its subjects with foreign countries, firms, banks are used. Foreign economic activity can be carried out in the following forms: 1. Foreign trade 2. Joint ventures and foreign enterprises on the territory of the Republic of Belarus 3. Joint ventures […]
Currency position of banks
Banks perform operations on the purchase and sale of foreign currency both on behalf of customers and at their own expense and on their own behalf. When the bank makes independent transactions for the sale of foreign currency, the ratio of claims and liabilities of the bank in foreign currency is violated. The ratio of […]
Collection form of payment
Incasso is an order from the exporter to his bank to receive from the importer (directly or through another bank) a certain amount of money or confirmation (acceptance) that this amount will be paid on time. Incasso is used in settlements on terms of both cash and commercial credit. In collection operations, banks and their […]
Types of checks
Checks can be classified for various reasons. Consider some of them. Most checks are written to a specific recipient person or his order. According to the method of indicating the recipient of funds on the check, the following are distinguished: personal – are written out to a certain person with the reservation “not to order” […]