accepting house

(redirected from Accepting Bank)
Also found in: Financial.
Related to Accepting Bank: Notifying Bank

accepting house

or

acceptance house

n
(Banking & Finance) a financial institution that guarantees a bill of exchange, as a result of which it can be discounted on more favourable terms
Translations

accepting house

n (Brit Fin) → Akzeptbank f
References in periodicals archive ?
which recently started accepting Bank of Oklahoma employees.
Swedbank's Lithuanian branch is offering a facility that allows payments through smartphones at mobile payment terminals accepting bank cards.
We will soon no longer be accepting Bank of America credit cards as payment for our products.
But petrol company Petrolina issued an announcement later yesterday saying Petrolina-Agip stations would continue accepting bank cards.
According to the member-exporters of the KCA, the State Bank of Pakistan has suddenly discontinued accepting bank guarantees/security deposit relating to registration of export sales contracts of raw cotton wef 01-07-2012 in pursuance of instructions issued by the TDAP.
The Austrian central bank (OeNB) will not be accepting bank bonds backed by Ireland, Greece and Portugal, in accordance with a new European Central Bank policy to help central banks protect their balance sheets, Dow Jones has reported, citing a source close to the Austrian central bank.
By accepting bank bills, the Reserve Bank was signalling two things:
Cleveland Police are warning traders to be extra vigilant when accepting bank drafts following a number of frauds involving high-value cars across the UK.