Foreign exchange services Assignment Help

Assignment Help: >> Financial Institutions - Foreign exchange services

Foreign exchange services:

Foreign exchange services: Commercial banks act as intermediaries between the Central Bank or authorized foreign exchange declares and their corporate customer to process foreign exchange allocation. They also provide traveler's cheque to their customers who are traveling out of the country.

Safekeeping of valuable items: The commercial banks undertake to keep, for their customers, valuable items such as government stock, share certificates, academic certificates, certificate of occupancy, jewelries, insurance policies, etc.

Equipment leasing: This is the activity of banks in financing purchases of fixed assets by their customers (mostly business enterprises) and allowing repayment over an agreed period of time. The bank is the lessor, while the beneficiary is the lessee.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd