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How to add beneficiary without any cooling off period?

Razorpay

A beneficiary is a person or organization that benefits from a will , trust , retirement plan , insurance policy , ann uity , financial transaction or another arrangement. Select the option for third-party transfers or fund transfers. Once the beneficiary is activated, the funds are transferred to the specified account.

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Corporate Accounting: Meaning, Importance & Explanation

Razorpay

Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials. Corporate accounting refers to the process of recording a company’s financial transactions. What is Corporate Accounting?

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Unlocking 100% UPI Dominance: Rupeezy’s Journey with Razorpay UPI Stack

Razorpay

Offering a broad range of services, from mutual funds to intra-day trading and derivatives, Rupeezy needed a payment partner who could handle the complexities of financial transactions. SEBI requires every transaction initiated by a customer must be made from their registered bank account. The Hurdle? Get In Touch!

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Ujwal Velagapudi: Buying Unique Businesses and Building a Diverse Portfolio

How2Exit

rn rn rn "So even if I had a small little fund that I created, I want the opportunities to be so overwhelming that I get the pickings of the absolute highest tier of quality." So it's the 1 bar gym, e-commerce business, software consulting, and a virtual assistant agency and vending insurance. rn "Bought in six different industries.

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What is White Collar Crime: Types, Examples, Prevention and Detection

Peak Frameworks

Insurance Fraud This pertains to acts committed with the intent to obtain an improper payment from an insurer. During the 2008 financial crisis, for instance, many banks approved "liar loans," where borrowers provided fake income statements. Think of a finance manager redirecting company funds to their personal account.

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IFSC Codes: Meaning, Example and Facts

Razorpay

You must be familiar with the term ‘IFSC Code’ if you have transferred funds to another bank account. It ensures that the funds are transferred to the correct bank account and avoids any errors or delays in the process. IFSC helps track and monitor your transactions, thus reducing the risk of fraud or misuse of funds.

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Statement of Cash Flow

Wall Street Mojo

It helps identify the availability of liquid funds with the organization in a particular accounting period. Thus, it accounts for a company’s financial standing and reveals the corporate efficiency in managing its cash and liquidity position. Since cash provides liquidity, it is decisive for the survival of a business.