Nostro reconciliations

___ denotes cost for bank for raising the funds & is normally denotes rate which is either market / Regulator driven

The primary step in LC issuance is ___________

By __________, you will be reducing your outstanding principal on the loan each month

______ are usually in the currency of foreign country

_______ is delivery date of funds traded

Margin is ____ proportionate to the Customer’s performance and credit worthiness

 _______ are book keeping entries that do not generate cash movements

Guaranteeing bank promises to pay ,third party if its customer defaults on performance/quality of work to be performed

_______ will lead to account overdrawn having Funds applied in excess to what is actually owed or paid or unpaid

The main objective of Nostro reconciliation is _____________

Which of the following currencies are quoted in Indirect Terms

_______ has been designed for borrowers who wish to avoid making cash outlays during the growth phase of their business

 ______ is the date when a ledger entry is actually posted in the system

_______ represents Contingent Commitment for the lender