- An ISO term. A bank requested to perform a collection service.ISO Collection Order Form term. The bank requested to- collect the remittance. 5*35x.
International financial encyclopaedia . 2014.
Look at other dictionaries:
collecting bank — see bank Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
collecting bank — remitting bank The bank to which a person who requires payment of a cheque (or similar financial document) has presented it for payment … Accounting dictionary
collecting bank — remitting bank The bank to which a person who requires payment of a cheque (or similar financial document) has presented it for payment … Big dictionary of business and management
collecting bank — A bank that assists in obtaining payment in accordance with draft payment terms. Bloomberg Financial Dictionary … Financial and business terms
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