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Boleto
''Boleto bancário'', simply referred to as ''boleto'' (English language, English: bank ticket) is a payment method in Brazil regulated by (FEBRABAN). A boleto, which can be considered a proforma invoice, can be paid at Cash machine, ATMs, branch facilities and internet banking of any bank, post office, lottery agent and some supermarkets until its due date. After the due date it can only be paid at the issuer bank facilities. Boleto can only be collected by an authorized collector agent in the Brazilian territory. Open source projects like BoletoPHP allow the merchandisers to generate unregistered Boleto Bancários without communicating with the bank. At first, boletos could only be paid at bank branches, but nowadays it is possible to pay through ATMs, lottery shops, supermarkets or with the help of a computer or smartphone via internet banking. Some boletos may contain instructions from the issuer that allow payment even after the established date, with possible penalty or i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Giro (banking)
A giro transfer, often shortened to giro (), is a payment transfer between Transaction account, current bank accounts and initiated by the payer, not the payee. The debit card has a similar model. Giros are primarily used in Europe; although electronic payment systems exist in the United States (e.g., the Automated Clearing House), it is not possible to perform third-party transfers with them. In the European Union, the Single Euro Payments Area (SEPA) allows electronic giro or debit card payments in euros to be executed to any euro bank account in the area. Name The word "giro" is borrowed from Dutch language, Dutch and/or German language, German , which are both from the Italian language, Italian meaning "circulation of money". The Italian term comes via the Latin meaning "gyre" from the Greek meaning "circle". History and concept Giro systems originated in Ptolemaic Egypt in the 4th century BCE, where state granary deposits functioned as an early banking system with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
English Language
English is a West Germanic language that developed in early medieval England and has since become a English as a lingua franca, global lingua franca. The namesake of the language is the Angles (tribe), Angles, one of the Germanic peoples that Anglo-Saxon settlement of Britain, migrated to Britain after its End of Roman rule in Britain, Roman occupiers left. English is the list of languages by total number of speakers, most spoken language in the world, primarily due to the global influences of the former British Empire (succeeded by the Commonwealth of Nations) and the United States. English is the list of languages by number of native speakers, third-most spoken native language, after Mandarin Chinese and Spanish language, Spanish; it is also the most widely learned second language in the world, with more second-language speakers than native speakers. English is either the official language or one of the official languages in list of countries and territories where English ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazil
Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population, seventh-largest by population, with over 212 million people. The country is a federation composed of 26 Federative units of Brazil, states and a Federal District (Brazil), Federal District, which hosts the capital, Brasília. List of cities in Brazil by population, Its most populous city is São Paulo, followed by Rio de Janeiro. Brazil has the most Portuguese-speaking countries, Portuguese speakers in the world and is the only country in the Americas where Portuguese language, Portuguese is an Portuguese-speaking world, official language. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazil, coastline of . Covering roughly half of South America's land area, it Borders of Brazil, borders all other countries and ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proforma Invoice
The term ''pro forma'' (Latin for "as a matter of form" or "for the sake of form") is most often used to describe a practice or document that is provided as a courtesy or satisfies minimum requirements, conforms to a norm or doctrine and tends to be performed perfunctorily or is considered a formality. The term is used in legal and business fields to refer to various types of documents that are generated as a matter of course. Accounting The ''pro forma'' accounting is a statement of the company's financial activities while excluding "unusual and nonrecurring transactions" when stating how much money the company actually made. Examples of expenses often excluded from ''pro forma'' results are company restructuring costs, a decline in the value of the company's investments, or other accounting charges, such as adjusting the current balance sheet to fix faulty accounting practices in previous years. There was a boom in the reporting of ''pro forma'' results in the US startin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cash Machine
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of other names, including automatic teller machines (ATMs) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM rather than ABM. In British English, the terms cashpoint, cash machine and hole in the wall are also used. ATMs that are not operated by a financial institution are known as " white-label" ATMs. Using an ATM, customers can access their bank deposit or credit accounts in order to make a variety of financial transactions, most notably cash ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Source
Open source is source code that is made freely available for possible modification and redistribution. Products include permission to use and view the source code, design documents, or content of the product. The open source model is a decentralized software development model that encourages open collaboration. A main principle of Open-source software, open source software development is peer production, with products such as source code, blueprints, and documentation freely available to the public. The open source movement in software began as a response to the limitations of proprietary code. The model is used for projects such as in open source appropriate technology, and open source drug discovery. Open source promotes universal access via an open-source or free license to a product's design or blueprint, and universal redistribution of that design or blueprint. Before the phrase ''open source'' became widely adopted, developers and producers used a variety of other terms, suc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Central Bank
The Central Bank of Brazil (, ) is Brazil's central bank, the bank is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency. It was established on Thursday, 31 December 1964. The bank is not linked to any ministry, currently being autonomous. Like other central banks, the Brazilian central bank is the principal monetary authority of the country. It received this authority when it was founded by three different institutions: the Bureau of Currency and Credit (SUMOC), the Bank of Brazil (BB), and the National Treasury. One of the main instruments of Brazil's monetary policy is the Banco Central do Brasil's overnight rate, called the SELIC rate. It is managed by Monetary Policy Committee (COPOM) of the bank. The bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pix (electronic Payment System)
Pix is an instant payment platform created and managed by the monetary authority of Brazil, the Central Bank of Brazil (BCB), which enables the quick execution of payments and transfers. Pix was announced in the summer of 2019, and was fully operational on November 16, 2020. The "Pix" brand name and logo were created in-house by the Central Bank of Brazil in 2020. It rapidly became the main payment system in the country and there are studies from other countries to adopt its technology. History and usage The electronic payment project began at the end of 2016, when the Brazil's Central Bank published a report on the project. The Central Bank of Brazil launched Pix in part to spur competition in the country's banking industry. Bloomberg referred to the system as "ubiquitous" in Brazil in October 2021, a year after Pix's release. As of November 2021, it has been reported that the system has already made more than 6 billion transactions totaling to an amount of R$3.75 trillion or a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Brazil
This is a list of the banks in the Americas. Argentina Central bank *Central Bank of Argentina Government-owned banks *Banco de la Nación Argentina *Bank of the Province of Buenos Aires * Bank of the City of Buenos Aires *Banco Patagonia * Banco Santiago del Estero Commercial banks *Grupo Financiero Galicia * Banco Santander Argentina * Banco Macro * BBVA Argentina * Banco Credicoop *Citibank Argentina * Banco Hipotecario * New Bank of Santa Fe * Municipal Bank of Rosario Bahamas Central bank * Central Bank of The Bahamas Government-owned banks * Bank of The Bahamas International * Commonwealth Bank of Bahamas Commercial banks *Citibank * Fidelity Bank * Finance Corporation of The Bahamas * CIBC Caribbean *Royal Bank of Canada *Scotiabank Barbados Central bank * Central Bank of Barbados Commercial banks * CIBC Caribbean * First Citizens ** RBTT Bank Barbados limited; subsidiary of RBTT Financial Holdings Limited (RBTT) *RBC Financial Caribbean; branch of Royal Bank o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
