Sentences with phrase «foreign currency accounts»

• Supervise foreign currency accounts and personally monitor transactions of above $ 5m.
Possesses deep expertise in processing financial transactions, handling customers and foreign currency accounts management.
Monitor and position USD as well Foreign Currency accounts by tracking daily cash movement against the forecast.
xVia frees up the capital just sitting in foreign currency accounts thanks to the real - time, on - demand global payments.
If there are many foreign currency accounts, this can mean a lot of (manual) work.
As per Protection of Economic Reforms Act (PERA) of 1992 and foreign currency accounts (protection) ordinance 2001 the funds are protected and you can move them back out of Pakistan any time.
Diplomatic missions, diplomatic personnel and non-diplomatic staff, who are the nationals of the concerned foreign countries and hold official passport of foreign embassies in India can open foreign currency accounts in India.
Please note some products, such as foreign currency accounts, are not eligible for CDIC Deposit Insurance.
Nor are U.S. dollar or other foreign currency accounts.
The question is how to balance our money between the different foreign currency accounts that we already have.
You can apply for Foreign currency accounts.
If you generate a lot of revenue from international sites, you could benefit from using foreign currency accounts.
Foreign currency accounts work in the same way as a standard current accounts.
Revised rules governing the operations of Foreign Exchange and Foreign Currency Accounts in the country have fully taken off.According to the Bank of Ghana (BoG), the revised rules are intended to streamline the operations of foreign exchange and foreign currency accounts and bring about clarity and transparency in their operations as well as ensure compliance with the Bank of Ghana...
Citi is planning to shut down the Venezuelan government's foreign currency accounts, according to Venezuelan President Nicolas Maduro.
When you set up a foreign currency account, you can choose when to buy or sell your currency to achieve the best exchange rate.
RFC (Resident Foreign Currency Account): To retain your funds in foreign currency in case you are returning back to India for good.
Further, a resident can not gift to another resident, in foreign currency, for the credit of the latter's foreign currency account held abroad under LRS.
Restoring symmetry to foreign currency accounting 4.2.
Single - entry foreign currency accounting 2.2.
Double entry foreign currency accounting, the wrong way 2.3.
Foreign currency accounting issues 2.1.

Not exact matches

Another alternative: set up a foreign bank account closer to your customers, which can result in quicker collections and minimize currency risks.
(«Purchases» do not include balance transfers, cash advances, travelers checks, foreign currency, money orders, wire transfers or similar cash - like transactions, lottery tickets, casino gaming chips, race track wagers or similar betting transactions, any checks that access your account, interest, unauthorized or fraudulent charges, and fees of any kind, including an annual fee, if applicable.)
The funds invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.
In contrast, the banking sector had a net foreign currency liability position before taking into account the use of derivatives for hedging purposes and a net foreign currency asset position of close to zero after accounting for the use of hedging derivatives.
As at the end of March 2013, international investment position (IIP) data indicated that Australian entities overall had a net foreign currency asset position equivalent to 27 per cent of GDP before taking into account the use of derivatives for hedging purposes (ABS 2013a).
At that time, these instruments accounted for around 40 and 30 per cent of long and short foreign currency derivative contracts, respectively, with foreign exchange forward contracts being the dominant instrument.
The general government sector — which consists of national, state and local governments — had a net foreign currency asset position equivalent to around 3 per cent of GDP as at the end of March 2013, before taking into account the use of derivatives for hedging purposes (Table 2).
After accounting for the use of hedging derivatives, the FCE survey indicates that the overall net foreign currency asset position of other financial corporations was equivalent to 16 per cent of GDP, with a hedging ratio of around 35 per cent for foreign currency assets and 60 per cent for foreign currency liabilities (Table 1).
The Canadian dollar accounts for only 2.2 per cent of total foreign currency trade flow in a given day, according to the latest major trade volume report put out by the Bank for International Settlements, whereas the U.S. dollar comprises 45.1 per cent and the euro 19.4 per cent.
So when you take this foreign response into account, the Bernanke - Obama strategy involves turning the dollar into a pariah currency, shredding the domestic economy rather than draining foreign economies.
International markets entail different risks than those typically associated with domestic markets, including foreign currency fluctuation, political and economic instability, accounting changes and foreign taxation.
This is constructed similar to a money market account, and it enables you to hold, transact and earn money in foreign currency.
Foreign investing has additional risks including those associated with currency fluctuation, political and economic instability, and different accounting standards.
Historically, after a country experienced a financial crisis, growing foreign demand and currency depreciation have often led to a sharp improvement in the trade account that has put a floor under economic activity.
Employers are taking whatever money is in their business accounts and squirreling it away — preferably abroad, or at least in foreign currency.
We are exposed to foreign currency risk as a result of operating transactions and the translation of foreign currency bank accounts and short - term deposits.
The rand and the lira are widely considered to be among the most vulnerable emerging market currencies, as both South Africa and Turkey are reliant on foreign investment flows to fund their wide current account deficits.
Bitcoin Transaction Coordinator fully automates and creates the appropriate accounting entries in your general ledger including proper Bitcoin «cash» accounting and tracking of foreign currency gain / loss valuations.
Plus, you are guaranteeing me a certain price for my money when I do the FX conversion to a foreign currency and I need to be sure that your backend works so that funds are digitally transferred correctly, even if you don't take «physical» possession of my funds in a centralized bank account.
In addition, with most countries in emerging Asia running a current account surplus and possessing sizable foreign currency reserves, I believe emerging Asia could be better positioned to withstand a Fed tightening cycle than other emerging markets.
Available services include wire transfers, Treasury sweep accounts and foreign currency transactions.
The fact that the domestic private sector also had some foreign loan assets (as taken into account in net debt measures) would be of little assistance in such a currency crisis.
The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.
To give you more control over your money and help manage it in ways that genuinely work for you, the Glint account, smartphone app and Mastercard ® allow anyone to store, exchange, send and spend local and foreign currencies, including for the first - time physical gold — the most universally trusted form of money.
Investments in foreign securities could subject the Funds to greater risks including, currency fluctuation, economic conditions, and different governmental and accounting standards.
China has taken a series of steps against digital currency trading, adding both foreign and domestic digital asset trading platforms to its Great Firewall, banning initial coin offerings (ICO) and cryptocurrency - related websites, as well as freezing numerous accounts of cryptocurrency exchanges.
Registered users of this free network (who must have a qualified foreign exchange broker account) have access to: (1) an indicator of the aggregate positions of the entire network in specific currency pairs; and, (2) a real - time view of the trading activity of mutually accepted «friends.»
The charges in part read: «That you Col. Mohammed Sambo Dasuki whilst being National Security Adviser and Shaibu Salisu, whilst being the Director of Finance and Administration in the Office of the National Security Adviser and Hon. Waripamowei Dudafa (now at large) whilst bring Senior Special Assistant, Domestic Affairs to the President on or about 27th November within the jurisdiction of this Honourable Court entrusted with dominion over certain properties to wit: the sum of N10billion being part of the funds in the account of the National Security Adviser with the CBN, the equivalent of which sum you received from the CBN in foreign currencies to wit: $ 47million and $ 5.6 million Euros committed criminal breach of trust in respect of the said property when you claimed to have distributed same to the Peoples Democratic Party (PDP) Presidential Primary Election delegates and you thereby committed an offence punishable under Section 315 of the Penal Code Act, Cap 532, Vol.4, LFN 2004.
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