Sentences with phrase «normal banking channels»

Van Niekerk believes the digital currency is faster and has lower fees when compared to making payments through normal banking channels.

The payment for purchase should be made out of either (i) funds received in India through normal banking channels by way of inward remittance from any place outside India or (ii) funds held in any non-resident account maintained in accordance with the provisions of the Act and the regulations made by the Reserve Bank.

a) the loan is free of interest; b) the minimum maturity period of the loan is seven years; c) The amount of loan is received by inward remittance in free foreign exchange through normal banking channels or by debit to the NRE / FCNR account of the non-resident lender; d) The loan is utilised for the borrower's personal purposes or for carrying on his normal business activity but not for carrying on agricultural / plantation activities, purchase of immovable property or shares / debentures / bonds issued by companies in India or for re-lending.

The amount representing investment should be received by inward remittance through normal banking channels, or by debit to an NRE / FCNR account of the non-resident investor.

The net amount representing the dividend / interest and maturity proceeds of units may be remitted through normal banking channels or credited to NRE / FCNR account of the investor, as desired by him subject to payment of applicable tax.

Informal dealers replaced normal banking channels to process flows of money into and out of Iran, providing currency to ordinary Iranians and turning Dubai into a center for handling trade and investment for Iran.

Not exact matches

The fundamental problem is that the ECB and the BoJ are trying to implement QE through the normal credit creation channels of the banking system (which aren't working) and relying on interest rate cuts, instead of creating new money in the hands of firms and households outside of the banking system by asset purchases directly from these non-bank entities.

Where the martyrs» challenges were overt, ours are concealed; where theirs were mortal to their bodies, ours are lethal to our souls; and where theirs tore them out of their normal life, ours channel our lives between the unquestioned banks of the technological culture.

This is typically a sign that many companies have trouble accessing credit through normal channels (banking) and have to submit to high coupon junk issuance.