Month: July 2023
- Ultimogeld (money for monthly settlement) EN
The supply of and demand for short-term loans at the end of the month, caused on the demand side by payments required at the end of …
- Overdraft fee (charge on overdrafts) EN
Fee charged by banks when a customer exceeds the agreed credit limit. - Because the overdraft places the account holder in a lower credit rating category, …
- Overdraft ([bank] overdraft) EN
A situation in which a bank customer withdraws more from the account than was previously deposited; a bank may accept an overdraft, depending on prior arrangements …
- Over-subscription (excess application) EN
When securities are issued, the total amount subscribed exceeds the total amount offered by the issuer (a situation where there is more demand from investors than …
- Fund transfer system (FTS) EN
an arrangement - based on private contracts or statutory regulation - relating to the transfer of money and the settlement of accounts - between several members …
- Coupon book EN
A debtor's record of - repayments made on a loan, or - deposits to a savings account, sent from time to time to the bank or, …
- Transfer fraud EN
Very broad legal term that includes all unauthorized acts in connection with payment transactions. This also includes providing false personal data when opening a bank account …
- Remittance, credit transfer; appropriation EN
In general, any cash payment to a recipient. - Form-related (form; input mask in Internet banking) payment order by a customer to his bank to transfer …
- EU surveillance procedure EN
Sequence of individual steps set up by the Commission with the aim of coordinating the economic policies of the individual member states. - Cf. Deutsche Bundesbank …
- Intra-bank control system EN
Planned technical and organizational measures within an institution aimed at preventing damage that may be caused by its own staff or malicious third parties. - See …