Bank Financial Transaction Utilities 
Peak Frameworks
SEPTEMBER 19, 2023
History of SWIFT In the early 1970s, banks predominantly used telex for international communications, which was not just cumbersome but lacked standardization. To address these inefficiencies, 239 banks from 15 countries collaborated in 1973 to form SWIFT , aiming for a standardized global transaction protocol.
Razorpay
JULY 11, 2023
This includes services like online banking, wire transfers, and mobile banking apps. These features allow recurring bills, such as rent or utility payments, to be paid automatically from the account, providing convenience and ensuring timely payments. What is RazorpayX?
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Peak Frameworks
MAY 2, 2024
If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course , which help thousands of candidates land top jobs every year. This can be particularly useful in situations requiring swift action or in transactions involving multiple parties with varying interests.
Wall Street Mojo
JANUARY 15, 2024
What Is A Transaction Motive? Transaction motive refers to the desire to hold cash to facilitate everyday cash-based financial transactions such as business and personal needs, covering payroll, purchases, and bill payments. Two major factors drive its functioning: the level and frequency of transactions.
Razorpay
APRIL 10, 2024
A purpose code is a unique identifier issued by a country’s central bank that is necessary for the successful execution of international payments. These codes are assigned to each transaction involving foreign currency and specify the purpose for which the transaction is being made.
How2Exit
FEBRUARY 25, 2024
rn rn Article: rn Leveraging Seller Finance and Creative Deal Structure in M&A rn Acquisitions and mergers are more than just financial transactions; they're about strategic growth, human connections, and seizing opportunities in times of change. It's oftentimes their time or expertise."
Razorpay
MAY 30, 2023
Variable costs are typically associated with the production of a product or service, such as raw materials, labor, and utilities. Controlling costs is a very important way to improve bottom-line numbers and optimize resource utilization. It is important that your business has the best financial support possible.
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