BIC

Definitions

Forex

  • Investment: A bank-issued contract which guarantees a specific yield for a certain period, similar to an annuity contract from an insurer. Also see guaranteed investment contract, bank deposit agreement.

    Forex classification: A unique bank identifier code format, approved by the International Organization for Standards, that identifies financial institutions on Forex.

Investing

  • acronym forBank Investment Contract
  • acronym forbank identifier codes
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