Services available under these products include overdrafts, revolving loans, invoice discounting, distribution financing, term loans, local purchase order financing, bankers acceptance
, bridge loans, warehouse financing, project financing, leasing, and guarantees.
The notes, which will mature on April 26, 2013, carry an interest at 70 basis points above the average three-month Bankers Acceptance
rate, on a floating rate basis at the settlement date of April 26, 2011, and each quarterly coupon date thereafter.
We also expect heightened activities in commercial papers, bankers acceptance
, and other corporate instruments stimulated by the current deregulation of interest rates, and demand for new instruments in the economy generally (Ezema, 1993).
Payments (Sight, Bankers Acceptance
, Discounted flankers Acceptances, Deferred Payments)
31 per cent per annum (paid semi-annually) until January 20, 2021, and at the three-month Bankers Acceptance
Rate plus 2.
In this capacity, Wu will oversee the direction of the international services department, which handles import/export trade financing, correspondent banking relationships and bankers acceptance
FleetBoston Financial Corporation, through its subsidiary Fleet National Bank, announced today that it has provided a $100 million Bankers Acceptance
facility to ShopKo Stores, Inc.
Compass' International Trade Services will focus on services and products that meet the needs of customers for cross-border financing, including letters of credit, documentary collections, bankers acceptance
services and foreign currency.