Sentences with phrase «by the banks as»

Only debit card transactions processed by merchants and received by the bank as Point of Sale (POS) transactions count toward qualifying debit card transactions.

This category is used by banks as a source of revenue when the interest rates are low like they have been for the last eight years.

Debit card transactions processed by merchants and received by the bank as ATM transactions do NOT count towards qualifying debit card transactions.

Assets in the account may not be used by the bank as collateral and the bank may not attach any claim to the account.

Post approval, the Loan amount is sanctioned by the Bank as per eligibility & Loan requirement of the Applicant.

For example in the 80:20 schemes, the buyer of the pays 20 % to the seller / builder & the balance 80 % is funded by the Bank as a Home Loan.

Those who qualify for bank loans do not pay anything upfront because lenders will be paid directly by the banks as soon as your mortgage closes.

The lender is, in this case, paid directly by the bank as soon as the mortgage closes.

This is because for such a loan the mortgage lender is paid by banks as soon as the deal is closed.

Those who meet banks» criteria do not have to pay any fees upfront because mortgage brokers get paid by the banks as soon as the deal is sealed.

It was advertised by banks as savings accounts because that's what products they had at the time at that branch.

One of my credit card accounts had a balance of several thousand dollars run up on it and was charged off by the bank as past due.

Staggeringly, with loan PPI, on average 67 % of what you paid was pocketed by banks as commission from insurers, and banks almost never mentioned it - so millions more people are owed possibly billions more pounds.

The mortgage broker, in this case, knows that they will be paid directly by banks as soon as the mortgage closes.

And while they still account for a tiny percentage of Chinese credit flows, these firms are now being taken seriously by banks as gargantuan as HSBC.

In the example article a person found a charity that had lax security standards, they were recognized by the bank as a legitimate organization, so the bank transferred the money.

Setting up a DD is not easily approved by the banks as you must prove a existing business cash flow.

This is a good move by the banks as the political cries for more lending grow louder.

The application for a Personal Loan Balance transfer will be processed by the Bank as for a fresh personal loan application, if it does not satisfy the terms & conditions as per the policy it may get rejected.

The Bank may, without prior notice, and from time to time: (1) renew, compromise, extend, accelerate or otherwise change the terms relating to the Debt; (2) take and hold security (other than the Collateral Account) for payment of the Debt and enforce, exchange and release the security in any manner that the Bank determines is proper; (3) release or substitute you, any guarantor, or any endorser of the Debt; and (4) increase or lower the Credit Limit on your Credit Account, and no such action shall change the fact that the Collateral Account at all times will be held by the Bank as security for the Debt.

This means extra scrutiny by banks as a new address is never as preferable as a longstanding one.

The following transactions are excluded from earning points: BPAY transactions, payments to the Australian Taxation Office (effective 2/11/2015) unless made using a Business Awards card, balance transfers, cash advances (including a transaction treated by the Bank as a cash advance, for example, utility bills paid in person at a bank), purchases of foreign exchange, credit card insurance premiums, travellers cheques, interest charges, Qantas Frequent Flyer Direct fees, Bank fees, Card account payments, transactions deemed by the Bank to be for business purposes (excluding transactions on Business Awards, Business Gold Awards and Business Platinum Awards cards) and any other transactions which may from time to time be excluded by the Bank.

This is flagged by their bank as suspicious activity.

Law firms have historically been viewed by banks as relatively immune to a downturn in the economy.

Pereiro - Mendez v Goldman Sachs (2015) Dan acted for Goldman Sachs in this high profile claim brought by an executive director employed by the bank as an analyst in credit trading.

It is a common add - on service suggested by the bank as home buyers sign off on their new mortgage.

As per the chairman of a mid-sized public sector bank, Connectivity is the biggest problem faced by banks as the correspondents are unable to reach villages in a time - bound manner nor they are able to use the sales machines.

According to R3, the test involved the use of «non-cloud-based nodes» based in Asia, Australia, Europe and North America that were run by the banks as well as R3 and Intel.

The above statement was the only comment by the bank as for why it is closing down the exchanges» accounts.

Blockchain and cryptocurrency industry trade group representatives in India consider the latest actions by banks as blatant «overreach,» without any instruction from regulators, saying: «Without any clear mandate either from the RBI or other regulators, asking us to close down our (exchange) accounts while refusing to give in writing what the reason is just disruptive to our business.»

Prior to its explosion and relevance in the larger cryptocurrency market, Ripple was already used by banks as way of settling overseas dues without incurring significant charges.

The percentage of homes that are vacant, in preforeclosure, headed to an auction or repossessed by banks as REO properties is not news — but it's still staggering.

Not exact matches

The Great Depression was primarily started by the Wall Street crash of 1929, as well as bank failures in the early 1930's.

The 81 - year - old government - run financial institution, known as the Ex-Im Bank, provides much - needed to support to exporters through guaranteed loans and credit insurance, and by its own reckoning, it has returned $ 7 billion to the U.S. Treasury over the last 20 years.

As Krishen Rangasamy, an economist at National Bank, observed this week, all the hiring in Canada over the past year has been by large businesses, not tiny ones.

For one thing, the bank is sitting on a lot of cash (possibly as much as $ 4 billion by the end of the year, according to one estimate) and continues to churn out excess capital.

Once the banks start utilizing these solutions as part of their lending process, widespread adoption by the small businesses they serve becomes inevitable.

The company and its eponymous product, created by serial entrepreneur and technology expert David Gurle, is scarcely out of startup mode, but already it's making waves as a potentially disrupting new force on Wall Street, thanks in large part to support from some of the world's largest investment banks.

The banks are apparently spooked by reports of a rise in fraud activity over the system and are looking to add a secondary verification measure, such as requiring users to input a PIN code.

Wells, the third - largest U.S. bank by assets, discovered the new issues as part of a review by a third - party consultant as required by the regulatory settlement.

Canada's Big Six banks themselves are less likely to feel the need to innovate, insulated as they are against the competitive agitation of fintech companies by their market position and regulatory balustrade, and cognizant that Canada's venture capitalism industry — usually the fuel for fintech — is far less fulsome than America's.

MUMBAI, April 19 - India's Tata Consultancy Services Ltd expects a rebound in spending by its key banking, financial services and insurance clients this financial year, it said on Monday, as it posted its biggest - ever profit, helped by deal wins.

It reduces new business creation, as research by World Bank economists has shown.

For all the hoopla surrounding the digital economy and virtual businesses, the success of many ventures still hinges on serious capital outlay; indeed, a recent benchmark report by the Business Development Bank of Canada identifies «significant» investment in fixed assets as a key variable that helps mid-size companies grow into large ones.

Shareholders led by the Arkansas Teacher Retirement System and Fresno County Employees» Retirement Association in California accused Facebook of concealing internal concerns about how growth in mobile devices might reduce revenue, even as it quietly warned its banks to cut their forecasts.

In early 2004, as American house prices roared higher and there came dire warnings from some quarters about the existence of a bubble — accompanied, of course, by strident denials from banks, most economists and the mortgage and real estate industries — Ben Bernanke (then still a governor before he became Fed chairman) addressed the problem of what to tell the American people.

GENEVA — Russian billionaire and Chelsea soccer club owner Roman Abramovich has appeared in a Swiss court as part of a 19 - year - old legal case aimed to wrest 46 million Swiss francs in debts allegedly owed by him and others to a European bank.

LONDON, May 3 - Making the current system of European Union market access for non-members more workable is Britain's best bet after Brexit as the more ambitious alternative sought by banks is unrealistic, Luxembourg's finance minister told Reuters.

The Wall Street Journal today observed in reference to the efforts by the biggest banks - such as JPMorgan Chase, Bank of America, and Wells Fargo - to attract deposits:

The Fed permitted the quantity of money to decline by one - third from 1929 to 1933, just as the Bank of Japan permitted monetary growth to be low or negative in recent years.