Sentences with phrase «money transactions between»

Bank tellers are solely responsible for most of the money transactions between the bank and their customers.

The seamless mobile money transactions between Airtel and Safaricom which begins next week is good news to the crypto community in Kenya.

Not exact matches

Financial technology (also known online as «FinTech») is shifting the way money changes hands, making it easier than ever to make transactions between two entities.

LinkedIn could (eventually) make money by taking a cut of any financial transactions between parties (as Fiverr does), by charging service providers a fee to be featured more prominently in certain categories, or in a myriad of other ways.

LinkedIn could (eventually) make money by taking a cut of any financial transactions between parties (such as Fiverr does), or by charging service service providers a fee to be featured more prominently in certain categories, or in a myriad of other ways.

With Billon, all data is stored on users» device, and all transactions happen on peer - to - peer basis, meaning when users move money between one another, bank central infrastructure is never used.

The Bank of Canada and Payments Canada ensure the settling of transactions that transfer money between individuals and businesses.

There is no difference between email and money transactions.

Universal use of money in almost any transaction between individuals has become their tool to remove any trade that was not controlled by them

Money transactions should always only be between two parties.

Importantly, the analysis takes the same look as I did on how FinCEN stifles currency competition, «the guidance takes the position that if the broker or dealer transfers funds between the customer and a third party that is not part of the transaction, it is operating as a money transmitter.

When an Abra Teller processes a «deposit» transaction, they are not actually transmitting money between two parties, they are only selling bitcoin to their customers (who may have this bitcoin converted by the app on - the - fly into the currency of their choice).

Each day, thousands of a bank's clients will perform financial transactions: making deposits, withdrawals, moving money between bank accounts, etc..

Another part of the Action plan is meant to keep a close eye on transactions carried out between EU - member countries and other states, where money laundering is a common practice.

The Senate has declared its intent to probe deposit money banks used for transactions between Nigerians and a ponzi scheme, Mavrodi Mondial Movement.

While some countries on the continent have the «standard» mobile money interoperability system, which allows seamless transactions between customers of the various telecom service providers, Ghana's system allows transactions between telcos as well as banks, making financial services more accessible to the populace.

Henning said it's possible that other conduct mentioned in the report — such as transactions between the governor's office and companies like real estate developer Extell — could fall under mail and wire fraud statutes, which make it a crime for any public official to be «taking money and misrepresenting how it was used,» he said.

In this context of budget uncertainty, going cashless can help schools save money by streamlining their payment processes — whether it is to pay for school meals, school trips or any other transaction between the school and parents.

Although Bitcoin was first perceived as a disruptive threat to the banks, creating the opportunity for customers to transfer money between each other directly, the technology that underpins it now promises to improve the banking experience in a number of areas, including cross-border transactions.

If you build a portfolio with these products you don't need to make buy - and - sell transactions to move money between ETFs: instead, you can call your brokerage (or adviser) and arrange a switch.

Even though a seller will not receive any money from a short - sale transaction, he or she may have to declare the discounted amount of the sale — the difference between the mortgage balance and the short sale — as income on federal tax returns.

If something in any transaction in life — financial or otherwise — doesn't make you feel comfortable and the choice is between saving money with one thing versus another, don't sell your personal needs short.

You can also use teller transactions to pay the credit card bill, or move money between accounts.

Furthermore, even the banks that will still sell you a cashier's check or money order for cash must keep a Monetary Instrument Log (MIL) that records all such cash transactions for amounts between $ 3000 and $ 10,000, keep the records for at least five years, and produce it upon request of a bank examiner or auditor (and presumably upon subpoena by a district attorney or divorce lawyer).

Your money never is handled by Nest Wealth and all transactions are between yourself and NBIN.

P2P payments between SoFi Money accounts is instantaneous and will post to the member's account as soon as you complete the P2P transaction.

For eligible move money options, you can choose for the transaction to happen immediately, on a future date and set up regular payments between your accounts or to someone else.

The money is used to fund the transaction between the seller and you and then end buyer comes in and buys the property from you at the higher price.

You can view transaction history, view account balances, transfer funds between your WSFS Business accounts, download to QuickBooks ®, manage your money using account, security, and transfer and bill pay alerts, receive, view and store your online statements and originate wires, ACH and Federal tax payments using the online Cash Management tools.

In the Financial Math deals with: Currency - Corresponding to payments and / or receipts of a transaction Time - Regarding the period between the date of the operation and the periods in which payments or receipts should occur Interest - Regarding the remuneration due for the use of the money during the term of the operation.

Most repos are overnight transactions between financial institutions and are primarily used in money markets.

You can transfer money between the virtual accounts in the spreadsheet without making real - world bank transactions.

«There are different results depending upon the character of the lender and borrower (non-profit or a c corporation, s corporation, partnership or LLC), the relationship between the parties (related party transactions may lose the interest deduction), the legal components of debt and equity of the instrument (certain preferred stock can legally be classified as debt in one jurisdiction and stock in another, so interest is a dividend in one country but interest in another and interest is deductible while dividends are not), the purpose of the loan (A CERT can trigger unintended tax costs and money borrowed to pay wages to owners is a big mistake) and much more,» says Spizzirri.

5Online allows customers to check their account balances and transactions; make and set up bill payments; and move money to other accounts, to other people, and between accounts at other banks.

The new rules disallow «advantage» transactions that allows investors to move money between RRSP and taxable accounts using a thinly - traded stock that has a wide bid - ask spread.

A reader of mine hadn't anticipated that foreign ATMs limit access to viewing accounts and performing certain transactions like transfers between accounts; thus, she was stranded abroad without money by not having online banking set up.

... As a part of the settlement Neteller had to forgo an amount of $ 136 million and had to accept charges of conducting an «unlicensed money transmitting business» and facilitating «unlawful transactions» between online gambling operators and players in the United States.

Keep in mind, we do not make money from the app nor do we handle money (digital or otherwise) anywhere in the app, we just facilitate the communication between users buying / selling similar items and it's up to the users to meet and fulfill their agreed upon transaction.

The electronic transmission of transaction information between lenders and lawyers saves time and money, prevents communication lapses, and allows those lawyers who are willing to adopt new approaches to interaction to handle more deals.

This is because the insurance agent is missing from the transaction between you and the insurance company in online money income plans.

Smart contracts are IF / WHEN / THEN agreements executed autonomously in timely manner on the Ethereum blockchain in order to exchange money, transfer property between contracted parties, render services for money or any other possible transaction of worth.

«When it comes to money laundering or terrorism financing, Singapore's laws do not make any distinction between transactions effected using fiat currency, virtual currency or other novel ways of transmitting value.»

Instead, they will be limited to smaller sums of money for quick transactions between friends, family and office colleagues.

It acts as a bridge between flat currencies and mobile money like M - PESA, MTN, and Airtel that are commonly used systems for transactions in Africa.

Lumens help move money around the world in quick and secure transactions between different currencies.

Singaporean laws do not make any distinction between transactions involving fiat currencies and cryptocurrencies like bitcoin under money laundering and counter-terrorism financing laws, the country's deputy prime minister said yesterday.

«When it comes to money laundering or terrorism financing, Singapore's laws do not make any distinction between transactions effected using fiat currency, virtual currency or other novel ways of transmitting value... Hence, MAS» AML / CFT requirements apply to all activities of financial institutions, whether conducted in fiat or virtual currencies.»

While a money transfer between two parties in different African nations routinely costs more than 10 percent of the transaction's value, and central bankers are sometimes not resistant to the temptation to print more money, Bitcoin has extremely low costs as a payment settlement network and has a monetary policy that is essentially controlled by the users of the digital currency.

The given payment reminder templates can be used by any two parties between whom transaction of money is overdue and where there is a prior contract which clearly states the possible actions that can be taken by the payee in such situations.

The seller might claim she entrusted the details of the transaction to you and has lost money as a result of the time lost between the stated closing date and the actual closing date.