Banking day means a day on which a bank is regularly open at the place at which an act subject to these rules is to be performed.
Beneficiary means the party in whose favour a credit is issued.
Complying presentation means a presentation that is in accordance with the terms and conditions of the credit, the applicable provisions of these rules and international standardbanking practice.
banks use a formula which triggers a change when certain conditions are met (like need for adjustment for inflation), while others prefer not to use a preset formula and change exchange rate frequently to discourage speculations.
• Exchange rate within crawling band
It permits exchange rate of one’s currency moves within fixed band from the exchange rate standard in the short term.
Pe
terms refer to and what barrier options have in common are one or two trigger prices that, if touched, will cause an option with predetermined characteristics to be created (knock-in option) or will cause an existing option to cease to exist (knock-out option). A double-barrier option has barriers on either side of the Exercise price (i.e., one trigger price is higher than the strike price and th
Financial advices
√ Asset management
√ Funds, stocks counseling
√ Empathy
-Know customers as individual
-Remember clients’ previous financial
dis/satisfacitions
-Adapt to clients’ specific needs such as
which investment is proper
- Normally Short-termcontract
- Working on peak time only (5~6 hours)
- Security guard, lobby managers guide the customers
8. 분쟁해결조건(terms of dispute settlement) : 계약당사자의 일방 또는 쌍방에 의한 계약불이행 또는 사기 등으로 분쟁이 발생할 경우에 이러한 무역 분쟁을 어떠한 방법으로 해결할 것인지를 약정하는 것으로서, 계약당사자는 매매계약 체결시에 무역 분쟁을 신속하고 경제적으로 해결하기 위해 ① 중재