When you open a UK bank account, you’ll receive a sort code and bank account number. The sort code identifies the bank and branch where you opened your account, while the bank account number identifies your unique bank account. You may be able to find these printed on your debit card,...
If you have an American bank account you can find the routing number on the bottom of your cheques. The numbers printed on the bottom left-hand side are the bank routing number and the account number is usually next to it. The person receiving the money transfer should also be able to ...
You might find some MT103 documents straightforward to read, while others use predominantly banking abbreviations. To help you understand them better, here is a simplified breakdown of the references and abbreviations you may find on MT103 documents. Tip: Within the document, you will find ...
As you near any major bank branch in China, you might find yourself approached by currency speculators with bags full of cash. I used to avoid these people, but I’ve learned to appreciate their service. For the most part, these people spend all day speculating on currency changes. They w...
One shopkeeper, eager to sell his jewellery, willingly made a deal with him for 22,000 rupees; the only difficulty was the way of payment. The foreigner gave two cheques drawn on the Bangkok branch of the Bank of America, which the shopkeeper accepted, admiring the customer's wealth. The...
I expect the same to hold true for REST too. To understand and appreciate the strengths of REST, I will apply it’s principle to analog worlds. The example, I picked for applying REST principles is “banking”. A client will interact with his bank in a local branch (we can draw ...
When you open a UK bank account, you’ll receive a sort code and bank account number. The sort code identifies the bank and branch where you opened your account, while the bank account number identifies your unique bank account. You may be able to find these printed on your debit card,...