What is a Corresponding Bank? How does it work?
You come across the term “Corresponding Bank” when you initiate an international wire transfer. It functions to facilitate cross-border payments….
You come across the term “Corresponding Bank” when you initiate an international wire transfer. It functions to facilitate cross-border payments….
In this article, we cover Details of charges (OUR/SHA/BEN) with relevant examples. These three options mainly show us the information…
In this article, we cover the MT103 document. It acts as proof of payment in case you have sent your…
In this article, we cover how to track an international wire transfer. When we write about International Wire Transfer then,…
Covered interest arbitrage is an arbitrage trading strategy. Through the strategy, investors utilize the differential in the interest rates of…
Market forces determine exchange rates. And, volatility in foreign exchange markets is quite normal. Transactions are executed through Authorized Forex…
In this article, we cover direct and indirect quotes in foreign exchange transactions. We may use foreign exchange markets for…
Most equity market traders would love to have some volatility. The sudden moves on either side can help them make…
As per data available on the website of the Centers for Medicare & Medicaid Services for 2021, healthcare spending has…
Amid the fallout of the Silicon Valley Bank, the banking regulators took a series of steps to ensure that the…