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.
Al Musalmi, who served as NBO's deputy chief executive officer Since 2011, takes over from Salm Al Shaksy who is leaving the bank after four successful years to pursue new personal and professional interests, said a bank release.
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.
HSBC Bank Oman will be the first bank in the country to launch a dedicated international trade SME Fund, said a bank release.
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.
52 percent for two years to less than three years, a bank release said.
According to a central bank release, banks in Austria have increased their Tier 1 capital ratio by 65 basis points to 11.