Banking Terms Based on the word / phrase from letter A

Banking Terms Based on the word / phrase from A :

Accounts Officer.

Is a bank officer (general staff employees) who deal with matters relating to fundraising activities or the provision of credit. Since the task is directly related to the Loan Officer Marketing activities, often used other terms such as Marketing Officer or Marketing staff. Accounts Officer in charge of credit is often called the Loan Officer.
Account officers typically handle or serve specific customers are fixed in a certain period. Thus the relevant know the needs or characteristics / special things to note about the accounts of certain clients

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

Islam is an international non-profit agency otonon that provide standard accounting, auditing, governance and Shariah for Islamic financial institutions.
AAOIFI was established under an agreement signed by Islamic financial institutions (Islamic financial institution) at 1 Safar 1410 H (February 26, 1990) in Algeria and Bahrain Country tedaftar on the 11th of Ramadan 1411 H (March 27, 1991).
AAOIFI Objectives:
1. Develop accounting, auditing, governance and ethics related to the activities of Islamic financial institutions taking into account international practices and standards in accordance with the laws of Shariah.
2. Promulgate accounting, auditing, governance and ethics relating to the activities of Islamic financial institutions and practices through training / seminars, regular publications, preparation of reports and other means.
3. Harmonization of accounting policies and procedures adopted by Islamic financial institutions through the preparation and publication of standards that are interpreted equally by those institutions.
4. Improving the quality and uniformity of auditing practices and governance related to premises activities of Islamic financial institutions through the preparation and issuance of auditing standards and governance diiterpretasikan equally by the agency.
5. Improving practices good ethics associated with Islamic financial institutions through the preparation and publication of 'Code of Ethics' for these institutions.
6. Seek similarity and conformity to the concepts and applications among agencies "Supervisor Sharia" Islamic financial institutions in order to avoid contradictions and inconsistencies between the fatwa and implementation.

Akad Wadi'ah.

Are Akad care goods or money between parties who have goods or money and those entrusted with the aim to maintain the safety, security, and integrity of goods or money

ACFTA (ASEAN - China Free Trade Agreement).

Also called China Asean Free Trade Agreement, is the cooperation of six member states of ASEAN, namely Indonesia, Thailand, Malaysia, Singapore, and Brunei Darussalam Filipinos on one hand and China on the other. The Government of Indonesia has built an international agreement with China-related trade area between China and the free countries of ASEAN, or often called the China-Asean Free Trade Aggrement (CAFTA). The agreement was implemented by the Government in Bandar Seri Begawan, Brunei, on November 6, 2001. The agreement came into force since January 1, 2010.

Acquirer.

Is a Bank or Non Bank conducting Card Payment Instrument which may be a financial acquirer and / or technical acquirer. Financial acquirer is the acquirer who make payments in advance of transactions made by cardholders. While the technical aquirer acquirer that provides a means is required in the processing of Card Payment Instrument.
Adl.

It is a conception of sharia adopted in Islamic banking is just putting something in place, and give something only on the right and treat something suitable position

Advance Payment / Payment in advance.

Is the way of payment of export outside the country where the Buyer pays in advance the price of goods to the exporter, in part or whole value of the goods in question before sent by the exporter. In this way the risk of payment is the part of buyers, if it is the exporters are not sending the goods. Given the payment of the goods has been made in advance by the buyer, the goods shipped by exporters already are / become the property buyer and are protected by the documents on behalf of the buyer is concerned.

Advance Payment Bond.

Bank Guarantee issued to guarantee payment of an advance granted by the User Services to Service Provider (contractor) of a construction project.
Advance payment bond is typically given at 20% of contract value of construction work in question. If the Service Provider Construction (contractor) be given a credit facility, the amount of advance payment bond must subtract from the calculation of working capital credit needs of the relevant Construction Services

Advising Bank.

Is a bank that conveys the message of L / C exports to the exporter who receives delivery of L / C exports to the exporter of its soon, but the L / C received should be checked before the truth (authenticity) by the receiving bank before it passed on to exporters. In continuation of L / C advising bank should state clearly whether the L / C is authentic. But the L / C that can not be done does not match an authentication or testnya be forwarded with a note that the L / C has not been inspected or test its authenticity is not appropriate and advising bank is not responsible for the authenticity of the L / C is. In exchange for undocumented Domestic Letters of Credit (SKBDN), for the term used term bank advising the Bank's successor, the bank continued SKBDN to the recipient (beneficiary).

Receiving Agent (in Money Transfer).

Is an individual, business entity incorporated or not incorporated business entities that receive some money from the sender to be delivered to Agent penerimaAgunan.

Additional collateral is delivered to the Customer Debtor bank in order to award credit facility or financing based on Sharia Principles.

High-quality collateral.

Collateral is required by Bank Indonesia as collateral for short-term funding assistance for the implementation of the functions of Bank Indonesia as Lender of last resort, to the beneficiary bank. Besides high-quality collateral must also be easily liquidated; include securities and / or bills issued by the Government or other legal entity that has a high ranking based on ratings agencies are competent and at times with the liquid. If short-term funding assistance can not be repaid at maturity, Bank Indonesia is fully entitled to withdraw the collateral


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