Questions about offshore banking and offshore banking
Offshore banks and offshore banking raise many questions: what is offshore banking and how are…

Continue reading →

Bank requirements for borrowers
Today, it is not only banks, but also small credit organizations that offer a small…

...

Modern loyalty programs of commercial banks
In the modern world, it is difficult to imagine a person who would not use…

...

Ways to prevent bankruptcy of commercial banks in Russia
During the years of the crisis, which has lasted since 2014, the financial and economic…

Continue reading →

obligation

Bill circulation in the bank

Bill circulation exists in the economic life of various countries for several centuries. During this time, considerable experience has been gained in the use of bills of exchange; there are various versions of these securities.
None of the instruments of the financial market, except, of course, the money itself, in all the numerous manifestations of their economic functions, can be compared in its history and value with a bill. It was the development of circulation of bills of exchange that depreciated all cash payments: the displacement of metals – gold and silver from money circulation, the replacement of exchange circulation equivalents with paper symbols. Continue reading