Financial Service¶

The process of holding shares in electronically is Dematerialisation

Factoring¶

Service for a business redeem its accounts receivable from a 3^rd party at a discount, to improve current liquidity

flowchart LR
Company -->
|Sale of<br/>goods| Debtor -->
|Payment<br/>after expiry of credit period| Factor -->
|Payment<br/>at discount| Company
Company --> |Receivables<br/>Transfer| Factor

Types¶

Foreign Exchange Services¶

• Currency exchange
• Wire transfer
• Remittance

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