Taking Care of Business
This lets businesses deposit checks without physically going to the bank.
Remote Deposit Capture or Mobile Deposit
The biggest purchaser of health insurance
Companies
This allowed commercial banks to compete in the capital markets
Gramm-Leach-Bliley Act
This is the currency of Japan
Yen
The GLBA repealed this Act
Glass-Steagall Act
This allows banks to match checks presented for payment against the list of checks issued from a company
Positive Pay
Proceeds from this insurance type can be used to recruit and train a company successor
Key Person Insurance
First sale of any security is made in this market
Primary Market
Currency exchange rate is 1 euro = 1.50 US dollars. A part that costs 200 euros costs how much in US dollars
300 US dollars
Name of our BSA Officer
Kristy Babington
Amount owed to, but not yet received or accepted by a company
Accounts Receivable
Employer health insurance provided by Crews Bank
Cigna
This is the pooling of debt and selling the consolidated debt to investors
Securitization
This assures a seller they will be paid if all terms of the contract are met as well as protects the buyer
Letters of Credit
Transactions which are governed by UCC Article 5
Letter of Credit transactions
This service allows retailers to accept payments other than cash and checks
Merchant Services
Pays for claims made from mismanagement of company assets or wrongful termination
Directors & Officers Insurance
First sale of company stock to the public is known as this
Initial Public Offering
Two types of LOCs
Revocable and Irrevocable
This regulation governs international operations of US Banks
Regulation K
The type of sweep accounts offered by Crews Bank & Trust
ZBA, LOC & REPO
Affordable Care Act required businesses with this many employees to provide health insurance
50
TRUE or FALSE: NASDAQ is an example of a secondary market
TRUE
This is what SWIFT stands for
Society for Worldwide Interbank Financial Telecommunication
Establishes uniform rules which govern international trade
International Chamber of Commerce