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  2. Proof of funds - Wikipedia

    en.wikipedia.org/wiki/Proof_of_Funds

    Proof of funds. A proof of funds ( POF) is a document such as a bank statement proving that a person or a company has the financial ability to perform a transaction or meet a potential future liability. The POF can be issued by a bank, a financial institution or a trade finance provider. For instance, a POF is generally obligatory for people ...

  3. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    A confirming bank is a bank other than the issuing bank that adds its confirmation to credit upon the issuing bank's authorization or request thus providing more security to the beneficiary. A complying presentation is a set of documents that meet with the requirements of the letter of credit and all of the rules relating to letters of credit.

  4. Documentary collection - Wikipedia

    en.wikipedia.org/wiki/Documentary_collection

    Documentary collection. A documentary collection is a process in which a seller instructs their bank to forward documents related to the export of goods to a buyer 's bank with a request to present these documents to the buyer for payment, indicating when and on what conditions these documents can be released to the buyer. [1]

  5. What Is a Bank Statement? Everything You Need To Know - AOL

    www.aol.com/bank-statement-why-monitor-yours...

    For premium support please call: 800-290-4726 more ways to reach us

  6. Certified copy - Wikipedia

    en.wikipedia.org/wiki/Certified_copy

    A certified copy is a copy (often a photocopy) of a primary document that has on it an endorsement or certificate that it is a true copy of the primary document. It does not certify that the primary document is genuine, only that it is a true copy of the primary document. A certified copy is often used in English-speaking common law countries ...

  7. Bank statement loan: What is it and who should get one? - AOL

    www.aol.com/finance/bank-statement-loan-one...

    Key takeaways. A bank statement loan allows you to qualify for a mortgage using bank statements rather than tax returns. It’s most often used by self-employed borrowers. Not all mortgage lenders ...

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