Bank Release

Bank Release

A statement given by a bank to a client giving the client permission to take delivery of some goods previously shipped. The bank gives the bank release after the client pays or is given a bill of exchange.
References in periodicals archive ?
It is on offer for all OAB credit cardholders, said a bank release.
The custom officials have not received Bank Release Order ( BRO) and the CFI officials claim that by tomorrow all the cycles will be cleared.
When the government demanded of Asian Development bank release of funds, the bank imposed condition that the funds would be provided when formal approval of funds and the project is taken from Parliament.
Summary: Hamas is demanding that Fatah in the West Bank release hundreds of Hamas detainees ahead of reconciliation talks later this week.
Ozone depleting substances such as chloroflurocarbons (CFCs) will be phased out with the aid of an $82 million grant given by the Multilateral Fund for Implementation of the Montreal Protocol, a World Bank release said.
The branch is fully equipped with state-of-the-art banking systems and software and well trained staff to provide a great customer banking experience, said a bank release.
As per the bank release, MCB holding an annual coupon rate of 4.
Also KILL the CORRECTION, BW0335, (CQN-CA-WILSHIRE-STATE-BANK) CORRECTION/Correcting Financial Figures in Wilshire State Bank Release Issued July 28, 1999, which ran on Business Wire at 13:08 ET on 07/29/1999.
A central bank release said, 'Customers must have the right to access banking services and to the grievance redressal machinery, as well as the Banking Ombudsman Scheme of the Reserve Bank, so that they are not 'excluded' from the banking fold.
The BoJ released the minutes from the January policy meeting, though to little market impact given their rear view nature (given that the central bank releases a summary sheet a week after policy meetings, and given the timeliness of recent BoJ member testimonies and communications).
Global Banking News-February 9, 2018--Chinese central bank releases temporary liquidity
M2 EQUITYBITES-July 14, 2016-Saxo Bank releases quarterly outlook in light of Brexit