A letter bank is a type of
The term "letter bank" was coined by
Wikimedia Foundation. 2010.
letter — let‧ter [ˈletə ǁ ər] noun [countable] 1. a written or printed message that is usually put in an envelope and sent by mail: • Please sign the letter and mail it back within two weeks. alloˈcation ˌletter also alˈlotment ˌletter FINANCE a letter… … Financial and business terms
letter of credit — letter of credit: a document issued to a beneficiary at the request of the issuer s customer in which the issuer (as a bank) promises to honor a demand for payment by the beneficiary in order to satisfy or secure the customer s debt compare… … Law dictionary
Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
letter of comfort — ˌletter of comˈfort noun letters of comfort PLURALFORM [countable] FINANCE a letter from a company to a bank in support of a subsidiary of the company that is asking for a loan; = COMFORT LETTER: • The bank may be content to be given a letter of… … Financial and business terms
bank authorization letter — UK US (UK also bank authorisation letter) noun [C] ► BANKING a document that allows a bank to release information about a customer s account to another business or organization … Financial and business terms
letter of indication — letter of identification A letter issued by a bank to a customer to whom a letter of credit has been supplied. The letter has to be produced with the letter of credit at the negotiating bank; it provides evidence of the bearer s identity and a… … Big dictionary of business and management
Bank of England — Bank of England … Wikipedia
Bank Leu — AG (pronounced Loy, as in toy) was a Swiss private bank that existed from 1755 to 2007. Headquartered in Zurich, it was a subsidiary of Crédit Suisse from 1990. In 2007, it was merged with that company s other private banking units as Clariden… … Wikipedia
letter of credit — n an official letter from a bank allowing a particular person to take money from another bank … Dictionary of contemporary English
Letter of Lien — Letter of Trust, Trust Receipt; Urkunde, in der der Importeur der Bank, die das Geschäft finanziert, bescheinigt, dass die ihm durch Aushändigung des ⇡ Konnossementes bereits übergebene Ware noch nicht sein Eigentum ist, sondern als Pfand zur… … Lexikon der Economics
